Legal Definition Rented
Hire the best business lawyers and save up to 60% on legal fees The word has also been used as the verb to rent an apartment, although the correct legal term would be to rent an apartment. RENT, discounts, contracts. Some profit in money, provisions, movable property or labor spent from land and land in retaliation for use. 2 Bl. Kom. 41; 14 Animal. 526; Gilb., on rents, 9; Co. Litt. 142 a; Code civ. by Lo. 2750; Com. on L.
& T. 95; 1 Kent, Com. 367; Bradb. on Distr. 24; Ferry. From. H.T.; Crabb, R. P. SSSS 149-258. A rent is somewhat similar to a pension, (q.v.) its difference is that the first expenditure of the land and the second is a simple personal burden.
3. At common law, there were three types of rent; namely the rental service, the rental fees and the rental search. If the tenant owned his land through fidelity or other physical services and a certain lease, this was called a rental service; A right of distress was inextricably linked to that annuity. 4. Rental charges are when rent is created by deed and granted; and since such a lease does not imply fidelity, the right to urgency is not intentional; and it requires that the concession be accompanied by an express emergency power of attorney giving it the name of a lease right because the land is encumbered by the act of an emergency. Co. Litt. 143 b. 5. The search for rent, or a dry or sterile annuity, was a reserve of rent by deed, without necessity clause, and in the event that the owner of the rent had no future interest or restitution on the land, he was led to an appeal for an order of rent or order of assizes. 6.
But the status of 4 Geo. II. c. 28, removed all distinctions in the different types of rents, so that recourse in emergency situations is given in cases of rents, base rents and main rents, as in the case of rents reserved in a lease. In Pennsylvania, an emergency is inextricably linked to any type of rent that can be reduced to a certainty. 2 Rawles Rep. 13. In New York, there seems to be the remedy out of necessity for all kinds of rents. 3 Kent Com.
368. Empty distress; 18 Viner`s Abr. 472; Woodf, L. & T. 184 Gilb. on Rent Com. Dig. h.t.
Dane`s ab. Index, h.t. 7. Regarding when rent is due, it should be noted that a distinction must be made. It is necessary to make a request, to avail oneself of a condition of re-entry or to offer it to save a confiscation, at the twilight of the day on which it is due: but it is not actually due before midnight, for other purposes. An action commenced on the due date, although initiated after termination, cannot be sustained; And if the owner of the expenses died between sunset and midnight that day, the heir and not the executor would be entitled to rent. 1 Saund. 287; 10 KB. 127b; 2 crazy. Cpl. R. 268; 1 p.
Wms. 177; S. C. 1 Salk, 578. See generally Bac. From. H.T.; Bouv. Index h.t.; and distress; Return. Some profit in money, provisions, movable property or labor spent from land and land in retaliation for use.
A rent is somewhat similar to a pension, its difference is that the former comes from the country and the latter is a simple personal burden. The search for rent, or a dry or sterile rent, was a reserve of rent by deed, without clause of necessity, and in the event that the owner of the rent had no future interest or return to the land, it was led to a recourse to a writ of rent or a writ of assizes. Rent is the consideration paid for the right to use and own property.2 min read This is the consideration paid by a tenant to a landlord in exchange for the exclusive use and enjoyment of land, building or part of a building. `Where the land is rented free of charge and the lessor wishes to obtain confirmation of the lease …, a nominal rent consisting of one peppercorn per year to be paid on request is often reserved.` 1) n. a written agreement in which the owner of the property (either a property or an object such as a car) allows the use of the property for a certain period of time (term) for certain periodic payments (rent) and other conditions. Real estate leases describe the premises (often by address); penalties for late payment, termination in case of late payment or violation of essential conditions; rent increases based on the cost of living or other standard; the inclusion or exclusion of property taxes and insurance in rent; restrictions on use (for a butcher`s shop, an apartment only for the family, no pets); subsistence expenses beyond the term (maintenance of employment); any right to extend the lease for a further period; and/or the obligation to pay lawyers` fees and costs in case of necessity to enforce the lease (including eviction). A rental agreement is different from a simple rental of the premises on a monthly basis and cannot exceed one year, unless otherwise agreed in writing. A “triple net” lease includes both taxes and insurance in the rent. 2) v.
rent real estate or object by written agreement. 1) v. rent an object or property for a certain period of time (or for an indefinite period) for certain payments. 2) n. the amount paid by the tenant and received by the landlord. The rent can be set in a written lease, but can also be based on a verbal agreement for a short period of time or on a monthly basis, in which the tenancy can be terminated with one month`s notice. (See: Leasing) Under normal circumstances, rent is paid to the landlord in advance, in cash or bill of exchange and at regular intervals, such as the first of each month.
