What is the term for rent paid for the right to use and occupy land according to a ground lease?

The correct term for rent paid for the right to use and occupy land under a ground lease is "Ground Rent." This term specifically refers to the arrangement found in ground leases where the tenant pays rent to the landowner for the exclusive right to use the land, while typically making improvements on it. Ground rents are often long-term agreements, allowing tenants to construct and operate on the land while not owning the land itself.

Understanding this term is fundamental for grasping real estate practices concerning leasing arrangements, particularly in cases where land ownership and usage rights are distinctly separated. The other options listed do not accurately capture this specific financial obligation tied to ground leases, thus highlighting why "Ground Rent" is the appropriate answer.