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absolute net rent |
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absolute net rent Rent payments that are pure income to the landlord, because they are not reduced by any operating expenses.When an owner quotes a figure as absolute net rent,it is a clue that the tenant will also have to pay all insurance, real estate taxes, repairs, cleaning, and utilities in addition to the monthly rent. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| He also obtained for the investor a five-year guarantee of an absolute net rent of ten percent of the purchase price. |
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