I have a client who inherited a hundred or so ground rents, spread over 8 properties. I believe most of the leases had more than 50 years to run but a couple of sizeable ones were less. The leases were offered to tenants and the majority acquired them but some were sold to investors. As I see it, the "sale of the ground rents" is a misnomer in that presumably it was the freeholds (or fractions of freehold in the case of apartments) that were valued and the freeholds that were sold, regardless of whether the buyer was the tenant or an investor. The client has been doing some reading and seems to think that the disposals were lease assignments but I believe that they are wrong as the client retained no further interest in the properties, so the freeholds have gone. I have yet to see all of the paperwork but assume that the probate valuations must have been for the freeholds, albeit split into individual ground rents for the purposes of calculation. I understand that all have been sold so there should be no issue with retained value etc. Assuming I am right, or even if I am wrong, are there any wrinkles of which I should be aware in doing the CGT work? The total proceeds are near to £1 million and I don't want to get this wrong!