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excess rent

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excess rent

A contract rent that is in excess of current market rents. In a bankruptcy proceeding,a bankrupt tenant may renegotiate a lease in order to remove the excess rent.



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Table 3 shows the calculation of the excess rent and the contributory value of the cave.
The state wants Country Club Manor in compliance with HUD rules, refunds given to tenants who have paid excess rents and a new manager to interact with residents.
If properly disclosed on a gift tax return, however, the tax risk will be limited to the excess rent paid during the three-year statute of limitations period.
 
 
 
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