rent charge
noun
plural rents charge
1
: a periodical payment made a charge on land by reservation in a conveyance of land for life or in fee simple or granted by deed and expressly giving to the holder who has no reversionary interest in the land the right of distress for arrears compare rent seck
2
British
: an annual sum charged on land or payable out of the income of land to which attaches a statutory power of distress for arrears
Dictionary Entries Near rent charge
Cite this Entry
“Rent charge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rent%20charge. Accessed 23 Nov. 2024.
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