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Reserve Rent

The net amount that is payable to the property owner (landlord) as rent from a lessee/ tenant. A reserve rent...

Service Charge Income

The income (service charge) a landlord/ lessor generates from providing paid services to tenants/ lessees. A service charge (sometimes known...

Current Annual Market Rent

The annual rent which a willing tenant would pay to the landlord for the demised premises for the lease period...

Current Annual Market Rental Value

The annual rent which a willing tenant would pay to the landlord for the demised premises for the lease period...

Market Rent Reviews

Market checkpoints at which applicable rents (in a lease contract) are re-assessed/ re-adjusted/ re-set to reflect market conditions. In other...

Market Rent

The best rent that a landlord/ lessor can obtain for the premises offered for letting on the open market. It...

Current Market Rental Value

The highest rent that a landlord/ lessor can obtain for the premises offered for letting on the open market. It...

Open Market Rental Value

The highest rent that a landlord/ lessor can obtain for the premises offered for letting on the open market. It...

FMR

It stands for fair market rent; the amount a landlord/ lessor would expect tenants/ lessees to pay each month against...

Fair Market Rent

The amount a landlord/ lessor would expect tenants/ lessees to pay each month against demised premises. In other words, it...