Rent
Payment made by a tenant for the right to occupy or use property under a lease or tenancy.
Related terms
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Tenant
A person or business entitled to occupy or use property under a lease or tenancy agreement.
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Landlord
The person or organisation that owns or controls property and grants a tenant the right to occupy it under a lease or tenancy.
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Rent deposit
Money held as security for a tenant’s obligations under a lease, commonly available to the landlord if specified defaults occur.
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