Rent
Related Category: Legal Terms and Concepts
in law, periodic payment by a tenant for the use of another's property.
Rent definition:
Money or other consideration paid by a tenant to a landlord in exchange for the exclusive use and enjoyment of land, a building or a part of a building.
Rent Review
The landlord may have reserved the right to review the rent at intervals during the period of the lease.
Rent
(V) Rent is the action by which the utility or benefits out of any article, property are passed on to another person for a specified compensation either for a limited period or for ever as the parties concerned may decide.
rent control - Laws that control the maximum amount of rent a tenant may be charged, and that establish when the amount of rent can be raised.
Replevin - An action for the recovery of a possession that has been wrongfully taken.
Rent: 1. To pay for the temporary use of a property, such as the renting of an apartment or an automobile. 2. Moneys paid in exchange for the use of property.
rent
1) v. to hire an object or real property for a period of time (or for an open-ended term) for specified payments. 2) n. the amount paid by the renter and received by the owner.
RENT, estates, contracts. A certain profit in money, provisions, chattels, or labor, issuing out of lands and tenements in retribution for the use. 2 Bl. Com. 41; 14 Pet. Rep. 526; Gilb., on Rents, 9; Co. Litt. 142 a; Civ. Code of Lo. art.
rent control ordinances: Laws in some communities that limit or prohibit rent increases, or that limit the reasons why a landlord can evict a tenant.
Rent
The consideration paid by a tenant to a landlord in exchange for the exclusive use and enjoyment of land, a building or a part of a building. Usually, rent is paid in money and at regular intervals, such as the first of every month.
Ground Rent
Rent paid for vacant land. If the property is improved, ground rent is the portion attributable to the land only.
Heir and Assigns
Words usually found in a deed, showing the interest the grantee is receiving.
Rent strike
Definition - Noun
: a refusal by a group of tenants to pay rent (as in protest against high rates)
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Rent Commencement Date
The date upon which the rent and usually the term of the lease begins.
Rescission ...
BACK RENT
Engl. law. The full extended value of land let by lease, payable by tenant for life or Years. Wood s Inst. 192. ... more ...
A demand of rent must always be made before a re-entry for the non-payment of rent.
When a note is given and no time of payment is mentioned, it is payable immediately.
Example: Rent is due on the first of each month, but the tenant requested and received a 10-day grace period from the landlord. If rent is paid on or before the 10th, the tenant is not in default.
Dental Dictionary:
grace period
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TOP Rent : This is the consideration paid by a tenant to a landlord in exchange for the exclusive use and enjoyment of land, a building or a part of a building.
For example, a landlord might grant an abatement in rent. In estate law, ...
tender of payment of rent or return to your neighbor of a borrowed set of golf clubs). One is said to have tendered when the offer is made with the present ability and intent to complete the transfer.
Lease: Contract between a property owner and another person for temporary use of property, in exchange for rent.
Legal Aid: Government scheme providing advice or assistance from a solicitor or barrister free or at a reduced rate.
As long as the rent of land, including the extensive domains of the crown, was paid in kind, the sovereign, the barons and other landholders had little interest in the price of corn different from that of other classes of people, ...
a written agreement in which the owner of property (either real estate or some object like an automobile) allows use of the property for a specified period of time (term) for specific periodic payments (rent), and other terms and conditions.
30-Day Notice In a month-to-month tenancy or tenancy at will, the notice from a landlord to a tenant to leave the premises within 30 days; or the notice by a landlord advising of a change in tenancy terms (such as a rent increase) that will take ...
(i) three years rent, or
(ii) the aggregate of the rent provided for in the lease for the first year of the lease following the date on which the disclaimer becomes effective and 15% of the rent for the remainder of the term of the lease after that ...
Rent reserved in work, grain, or the baser money. Opposed, white rent: rent paid in silver. See 2 Bl. Com. 42-43.
A landlord might grant abatement in rent by reducing the amount owed. Estate law may use the term more specifically. When an estate is settled, debts must be paid off before any willed property can be distributed.
A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.
a contract between the owner of a vessel and one who seeks to rent (or charter) the vessel for the transport of goods.
The federal Acts apply to all aspects of the landlord/tenant relationship, from refusing to rent to members of certain groups to providing different services during tenancy.
Fitness ...
" For example, if the rent is not paid, the debt still exists and is referred to as "arrears". The same word is used to describe child or spousal maintenance or support that is not paid by the due date.
landlord's liena lien on a tenant's property for the satisfaction of unpaid rent or property damage; the landlord is given the status of a preferred creditor with regard to the tenant's property … Full Definition » ...
A person to whom a landlord grants temporary and exclusive use of land or a part of a building, usually in exchange for rent. The contract for this type of legal arrangement is called a lease.
Provision in a lease agreement that releases the tenant from paying rent if an act of God makes occupancy impossible or otherwise precludes the property from being used.
See also
Abatement ...
lease purchase (lease option) assists low to moderate income homebuyers in purchasing a home by allowing them to lease a home with an option to buy; the rent payment is made up of the monthly rental payment plus an additional ...
SUBLET: When a party agrees to rent a space from the main tenant for a portion of the time remaining on the lease.
SUBPOENA: An order compelling a person to appear to testify or produce documents.
The recent success of free software projects such as GNU/Linux, Mozilla Firefox, and the Apache web server has demonstrated that quality works can be created even in the absence of a copyright-enforced monopoly rent [9].
Leased Fee Estate: An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.
Yielding and paying - In conveyancing. the initial words of that clause in leases in which the rent to be paid by the lessee is mentioned and reserved.
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TERMS BEGINNING WITH Z
Zetetic - Proceeding by inquiry ...
Tribunal: An informal court which can hear cases without the need to employ lawyers. People may present their own cases though they may use legal or other help if they wish. Tribunals specialise in particular areas, such as employment, rent ...
deed (q.v.) in which a person undertakes to do or refrain from doing certain things, e.g. good behaviour bond. (2) Money paid to a landlord by a tenant at the start of a tenancy as security in case of future damage to premises or non-payment of rent.
 See also: Law, Property, State, Right, Person
  
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