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rate of rent (Prior to the Olympics there was a shortage of places to let in London, causing rates of rent to soar. | Enquiry whether new rates of rent on leases are to be paid immediately or from expiration of term granted in ... Alexander Demidov); rental rate (The periodic charge per unit for the use of property.The rental rate may be a certain amount per square foot per year (even though paid monthly),per square foot per month,per room, per apartment,or any number of other variations. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 Alexander Demidov) |
