rent

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Rent

Regular payments to an owner for the use of some leased property.

Rent

A regular, usually monthly, payment that a person makes in exchange for the use of an asset he/she does not own. That is, rent is the payment on a lease. The term is most often used to refer to payments on a leased dwelling or other piece of real estate.

rent

the periodic payments made to the owners of ASSETS (for example, household and industrial premises, car hire) for the use of these assets. See LEASE, LEASING, LEASEBACK, INCOME.

rent

the periodic payments made to the owners of ASSETS for the use of their land or other assets as either FACTORS OF PRODUCTION or for consumption. In aggregate terms, rents are a source of income and they are included as a part of NATIONAL INCOME. See also ECONOMIC RENT, NATIONAL INCOME ACCOUNTS.

rent

Payment for the privilege of possessing space one does not own.
References in periodicals archive ?
The young bachelor, David Dougall, for example, of Usborne Township, Huron District rented out his own farm and lived with his brother for a while.
He rented out the home farm to his remaining son and namesake who was only two years married.
4100 which rented the 2002 Ford Econoline E-350 van to the Plaintiffs and which has a principle office located in Gardena, CA.
Judge Finkelstein even argues that if the legislature intended a holder of unsold shares be considered a "purchaser under the plan," or if a "non-purchasing tenant" status was to be limited to a person to whom an apartment is rented subsequent to the effective date of the plan but prior to closing, "the legislation should have contained a provision to that effect.
In 1986, SSP rented the Razavis' condominium to third parties for 149 days and received $29,559; SSP paid the Razavis $19,250 (11/12 of $21,000).
280A(d)(2)(C), the court determined that Colbert had personal use of the property during 1982 because the property was rented at rates below FMV and that Colbert's rental expenses were limited under Sec.
The New West Coast, a Rockrose building in the West Village near the river that in July opened a new section of apartments, is completely rented out.
Additionally, those who completed substantial alterations that qualified for a first rent of $2,000 or more and who rented the apartment within the window period have taken that apartment out of rent regulation.
Tenants who rented during cooperative ownership are in a more tenuous position: the sponsor who could not sell the unit could charge a free market rent, which usually makes the actual rent of the unit higher than it would have been under regulation.
When units have been rented in the hopes of merely covering the mortgage and maintenance, owners have found they are no longer entitled to possession until the tenant decides to leave.
Dan Margulies, executive director of the Community Housing Improvement Program said there has been a long standing procedure at the Division of Housing and Community Renewal (DHCR) for registering a "preferential" rent when apartments cannot be rented for a legal rent.
A generic apartment which is priced correctly is rented within one week to two weeks, she said, while those overpriced take four weeks or more.