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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. 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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| Other solutions Thompson proposed include reimbursing excess rent the Water Board pays to the city. Table 3 shows the calculation of the excess rent and the contributory value of the cave. Where an increase is treated as abnormal such rent increase is deemed to constitute the grant of a new lease in consideration of the excess rent. |
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