noun

definition

A payment made by a tenant at intervals in order to occupy a property.

definition

A similar payment for the use of equipment or a service.

definition

A profit from possession of a valuable right, as a restricted license to engage in a trade or business.

example

A New York city taxicab license earns more than $10,000 a year in rent.

definition

An object for which rent is charged or paid.

definition

Income; revenue.

verb

definition

To occupy premises in exchange for rent.

example

I rented a house from my friend's parents for a year.

definition

To grant occupation in return for rent.

example

We rented our house to our son's friend for a year.

definition

To obtain or have temporary possession of an object (e.g. a movie) in exchange for money.

definition

To be leased or let for rent.

example

The house rents for five hundred dollars a month.

Examples of rent in a Sentence

Why don't I just rent one?

Alex had asked one of the men go into town and rent a car for them.

Even if you paid me half my rent, you could still save money.

Would Justin rent it out, or would he simply move in?

Now you can rent my room and make some money.

Gerald and two other men wanted to rent Carmen's house for three weeks this summer.

Howie insisted we rent a car at his expense.

For these allotments the peasants had to pay, as before, either by personal labour or by a fixed rent.

We could rent one.

Rostov threw his cloak over his shoulders, shouted to Lavrushka to follow with the things, and--now slipping in the mud, now splashing right through it--set off with Ilyin in the lessening rain and the darkness that was occasionally rent by distant lightning.

Financially, they think it's a sound move to have four people share the rent.

Houses were let usually for the year, but also for longer terms, rent being paid in advance, half-yearly.

In 1752 this was altered to the 1st of January, but the 25th of March remains one of the Quarter Days; though in some parts old Lady Day, on the 6th of April, is still the date for rent paying.

The crown paid the landlord in obligations representing the capitalized rent, and the peasants had to pay the crown, for forty-nine years, 6% interest on this capital.

The effect of this, craftily calculated beforehand, was to compel the peasants to rent pasture lands from the landlord at any price.

External oppression and internal rivalries rent the Israelites, and in the religious philosophy of a later (Deuteronomic) age the period is represented as one of alternate apostasy from and of penitent return to the Yahweh of the " exodus."

In 1887-1888 the rent was Rs.50,000.

And, hopefully, Evelyn never raised her rent, either.

The right and left lobes themselves are rent asunder (so to speak), so that they are freely visible from above, filling the corners formed by the hemispheres and the cerebellum.

A lease under the Settled Land Act 1882 must be by deed and must be made to take effect in possession not later than 12 months after its date; the best rent that can reasonably be obtained must be reserved and the lease must contain a covenant by the lessee for payment of the rent, and a condition of re-entry on nonpayment within a specified time not exceeding 30 days.

This form of tenancy, like tenancy from year to year, may be treated either by express contract or by implication, as where premises are occupied with the consent of the owner, but without any express or implied agreement as to the duration of the tenancy, or where a house is lent rent free by one person to another.

The Distress for Rent Act 1737, however, enables a landlord to recover double rent from a tenant who holds over after having himself given notice to quit; while another statute in the reign of George II.

The component parts of a lease are the parties, the recitals (when necessary) setting out such matters as the title of the lessor; the demise or actual letting (the word " demise " is ordinarily used, but any term indicating an express intention to make a present letting is sufficient); the parcels in which the extent of the premises demised is stated; the habendum (which defines the commencement and the term of the lease), the reddendum or reservation of rent, and the covenants and conditions.

A covenant by the lessor, limited to his own acts and those of persons claiming under or through him, for the "quiet enjoyment" by the lessee of the demised premises, and covenants by the lessee to pay rent, to pay taxes, except such as fall upon the landlord, to keep the premises in repair, and to allow the landlord to enter and view the condition of the premises may be taken as typical instances of " usual " covenants.

In the case of proposed drainage improvements, notice in writing must be given to the landlord, who may then execute the improvements himself and charge the tenant with interest not exceeding 5% per annum on the outlay, or such annual instalments, payable for a period of twenty-five years, and recoverable as rent, as will repay the outlay, with interest at the rate of 3% a year.

This enactment applies to leases of agricultural subjects, houses, mills, fisheries and whatever is fundo annexum; provided that (a) the lease, when for more than one year, must be in writing, (b) it must be definite as to subject, rent (which may consist of money, grain or services, if the reddendum is not illusory) and term of duration, (c) possession must follow on the lease.

The rent stipulated for must not be illusory, and must fairly represent the value of the subjects leased, and the term of the lease must not be excessive (as to rent generally, see Rent).

Agricultural leases usually contain special provisions as to the order of cropping, the proper stocking of the farm, and the rights of the incoming and outgoing tenant with regard to the waygoing crop. Where the rent is in money, it is generally payable at Whitsunday and Martinmas - the two " legal terms."

Where the rent is in grain, or otherwise payable in produce, it is to be satisfied from the produce of the farm, if there be any.

The Agricultural Holdings (Scotland) Acts 1883 and 1900, already referred to incidentally, contain provisions - similar to those of the English acts - as to a tenant's right to compensation for unexhausted improvements, removal for non-payment of rent, notice to quit at the termination of a tenancy, and a tenant's property in fixtures.

A crofter is defined as " a tenant of a holding " - being arable or pasture land, or partly arable and partly pasture land - " from year to year who resides on his holding, the annual rent of which does not exceed £30 in money, and which is situated in a ` crofting parish.'

The crofter enjoys a perpetual tenure subject to the fulfilment of certain conditions as to payment of rent, non-assignment of tenancy, &c., and to defeasance at his own option on giving one year's notice to the landlord.

Under the law of Scotland down to 1880, a landlord had as security for rent due on an agricultural lease a " hypothec " - i.e.

A lease must contain, either in itself or by clear reference, all the terms of a complete contract - the names of the parties, description of the property let, the rent (see Rent) and the conditions.

Forfeiture only renders a lease void as regards the lessee; it may be waived by the lessor, and acceptance by the landlord of rent due after forfeiture, with notice of such forfeiture.

As to the consequences of breach of the latter, see Rent.

If at least half of the harvest in any year is destroyed by accident, the lessee (a) in the case of a lease for several years, obtains, at the end of his lease, a refund of rent, by way of indemnity, unless he has been indemnified by preceding harvests; (b) in the case of a lease for a year only, may secure a proportional abatement of the current rent.

Under Francesco Morosini the Venetians again attacked Athens in September 1687; a shot fired during the bombardment of the Acropolis caused a powder magazine in the Parthenon to explode, and the building was rent asunder.

The class of coloni appears to have been composed partly of tenants by contract who had incurred large arrears of rent and were detained on the estates as debtors (obaerati), partly of foreign captives or immigrants who were settled in this condition on the land, and partly of small proprietors and other poor men who voluntarily adopted the status as an improvement in their position.

In no case could the rent or the labour dues be increased.

The principal incidents of a seignory were an oath of fealty; a "quit" or "chief" rent; a "relief" of one year's quit rent, and the right of escheat.

The Vakuf tenants were at that time extremely prosperous, for their rent had been fixed for ten years in advance on the basis of the year's harvest, and so had not risen proportionately to the value of their holdings.

For its privileges the regie has to pay a rent of £T750,000 per annum to the government (assigned to bondholders), " even if it has no revenues at all," and after the payment of a dividend of 8% to its shareholders, and certain other deductions, it has to share profits with the government and the bondholders according to a sliding scale agreed upon between the three parties.

A different scale is established for emiriye with moukataa (rent paid for emiriye with mulk property established upon it).

Two categories of rent, fixed and proportional, are payable to the state by mineowners.

The fixed rent is pp piastres per jerib (about 10,000 square metres), to he paid whether the mine is worked or not.

If a mining concession is granted within lands which are private property or which are " real vakuf lands " (arazii-mevkufe-i-sahiha) only one-fifth of the proportional rent is payable to the state, the other four-fifths reverting to the land-owner or the vakufs, as the case may be.

On an account roll of Framlingham Castle of 1324 there is an entry of "rent received from the borough," also of "rent from those living outside the borough," and in all probability burghal rights had existed at a much earlier date, when the town had grown into some importance under the shelter of the castle.

Doncaster was evidently a borough held of the crown for a fee farm rent before 11 9 4, when Richard I.

The qualifications for electors and members of the Assembly are the same, namely men of full age owning houses or land worth £50, or, who rent such property of the yearly value of £10; or who, having lived three years in the province, have incomes of not less than £96 a year.

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