rent

rent
Verb: To obtain possession of premises under a lease. To let premises. Noun: Compensation in money, provisions, chattels, of services, paid or given in exchange for the use and occupation of real estate. 32 Am J1st L & T § 428. A sum stipulated to be paid for the use and enjoyment of land, liability for which becomes absolute when it accrues upon the occupation of the premises for which it is to be paid. Ambrozich v Eveleth, 200 Minn 473, 274 NW 635, 112 A LR 269. The return to the lessor under a mining lease. 36 Am J1st Min & M § 48. The return to the lessor under a gas or oil lease. 24 Am J1st Gas & O § 65. The return to a bailor under a bailment for hire. 8 Am J2d Bailm § 225. The word is derived from the Latin word "redditus." De Haven v Sherman, 131 Ill 115, 22 NE 711. The term as used in a statute giving a landlord a lien for unpaid rent, may not be so construed as to include taxes which the tenant has covenanted to pay, in the absence of a clear intention of the parties to that effect expressed in the lease. Lamoine Mott Estate v Neiman, 77 F2d 744, 99 ALR 1097. The term within the meaning of price control regulations includes any commission paid by a tenant for obtaining a lease. Anno: 156 ALR 1463. See accustomed rent; ancient rent; assart rent; assize rent; black-mail; black rents; chief rents; corn-rents; dead rent; delay rentals; distress for rent; double rent; dry rent; extinguishment of rent; fee farm rent; firma alba; forehand rent; gale; gavelbred; ground rent; irredeemable ground rent; meal rent; maiden rents; quarter days; quitrents; rack-rent; redditus; royalty; table rents; wayleave rent; white farm; white rents.

Ballentine's law dictionary. . 1998.

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