Rent
Term · Law · MLC-T-LAW-004224
A periodic payment made by a tenant to a landlord in exchange for the right to occupy or use property. The amount, payment schedule, and conditions are specified in a lease or rental agreement. Failure to pay rent constitutes a material breach of the lease, giving the landlord grounds to initiate eviction proceedings and sue for the unpaid amount.
| Identifier | MLC-T-LAW-004224 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004224",
"term": "Rent",
"field": "Law",
"definition": "A periodic payment made by a tenant to a landlord in exchange for the right to occupy or use property. The amount, payment schedule, and conditions are specified in a lease or rental agreement. Failure to pay rent constitutes a material breach of the lease, giving the landlord grounds to initiate eviction proceedings and sue for the unpaid amount.",
"url": "https://mlchart.com/terminology/law/rent/"
}
Record 4,284 of 5,441 in Law terminology (MLC-0107). Request the full dataset.