Rent

The rental amount is usually included both as an amount per period (e.g,, $1000 / month) and as a sum total for the life of the lease (e.g., $12,000), and is located with or adjacent to the lease term in the contract. This may also be called “base rent,” if it is adjusted for any amounts due for common-area maintenance, utilities, etc.

This book, and all H2O books, are Creative Commons licensed for sharing and re-use with the exception of certain excerpts. Any excerpts from the Restatements of the Law, Principles of the Law, and the Model Penal Code are copyright by The American Law Institute. Excerpts are reproduced with permission, not as part of a Creative Commons license.