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 ?
A few years ago, one highly paid editor of The New York Times was given a rent stabilized apartment on Park Avenue at a savings of some $12,000 a year over market rents by Rudin Brothers, one of the biggest and most politically connected landlords in the city.
The decline in occupancy notwithstanding, non-anchor tenant asking rents posted their largest quarterly gain since the first quarter of 2001.
Rents on Seventh Avenue in Midtown rose 42 percent to $479 per square foot and the price per square foot on West 42nd Street soared 50 percent to $300.
Until last summer, landlords also were allowed to raise rents in rent- controlled apartments to market rates after making more than $10,000 in improvements in a unit.
Called rent inducements, these are clauses in a lease agreement that landlords provide in an effort to attract future tenants to lease available property.
Nevertheless, we remain mindful that the determination of fair market rents requires certain levels of subjectivity and judgment related to the many variables that may be considered under the circumstances.
The annual SERI Report, which focuses on the true cost of occupancy rather than average asking rents, is based on transactions that closed during the previous year in Class A buildings.
Overall, 2002 rents in sprawling Los Angeles County increased to $1,274 a month, up 5.
Rental agreements that do not meet either of these two requirements generally would be required to recharacterize and potentially reallocate fixed rents allocable to an accrual period using the "proportional rental method" because they are deemed to contain a Sec.
CB Richard Ellis broker Jodi Roberts who, besides working on the team that is leasing 7 World Trade Center, focuses on the midtown south market, estimates that rents there have jumped by as much as $10 per s/f over the past two to three years, a mighty increase considering that average asking rents are now $35 per s/f, according to Cushman & Wakefield data.
Glendale's rents are out of control,'' Carlson said.
These amounts reflected 39%-49% occupancy rates; most of the units examined had lease agreements under SSP's second plan, under which the owners received 50% of the gross rents.