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Rack Rent |
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Rack Rent 1. The total amount the owner of property should be able to make from the rental of his/her property. The rack rent is especially important if the property has already been rented and the owner is bound to collect potentially lower rent. The rack rent is the same as the market rent. 2. Excessive rent. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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