Moneycontrol
Get App
YOU ARE HERE > Moneycontrol > Property > Glossary

Property

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Premium rent

A rent above the level which a property could reasonably be expected to command in the open market on normal terms. Such rents may be justified in instances where the tenant receives a present or future benefit against the market. Eg. in inflationary conditions where upward-only rent reviews are normally required at three-yearly intervals, the tenant may be prepared to pay a higher rent if fixed for a longer period of say, 5 years.

Other Sections
Sections
Follow us on
Available On
PCI DSS Compliant