Business and Personal Finance Dictionary

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• RENT WITH OPTION TO BUY - An alternative financing option that allows low- and moderate-income home buy...
  
  
• RENT-FREE PERIOD - An inducement to enter a lease, a specified number of months at the beginning of the...
  
  
• RENT-UP PERIOD - The period following construction of a new building when tenants are actively being so...
  
  
• RENTABLE/USABLE RATIO - A building's total rentable area divided by its usable area. It represents the ...
  
  
• RENTAL CENTER - A special leasing office located in an apartment complex. Usually includes a furnished ...
  
  
• RENTAL CONCESSION - What landlords offer tenants to secure their tenancy. While rental abatement is one...
  
  
• RENTAL GROWTH RATE - The expected trend in market rental rates over the period of analysis, expressed a...
  
  
• RENTAL INCOME - The result when vacancies (uncollected rent) is subtracted from gross scheduled income.
  
  
• RENTAL LEASE - See: Full-service lease
  
  
• RENTAL PAYMENT - A payment made to use another's property. The amount of the rent is determined in a co...