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Legal Definitions - Rent

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The life of the law has not been logic; it has been experience.

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Definition of Rent

Definition: Rent is a payment that is made regularly for the use or occupation of a property.

Example 1: John pays $1,000 every month to live in an apartment.

Example 2: Sarah pays $2,500 every month to rent a house.

These examples illustrate the definition of rent because both John and Sarah are making regular payments to use and occupy a property. In exchange for their payments, they are allowed to live in the apartment or house. Rent is a common expense for many people who do not own their own homes.

You win some, you lose some, and some you just bill by the hour.

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Simple Definition

Term: Rent

Definition: Rent is money that someone pays to use or live in a place that belongs to someone else. It's like borrowing a toy from a friend and giving them a few dollars to play with it for a while. When you rent a house or apartment, you pay the owner a certain amount of money every month to live there.

A judge is a law student who marks his own examination papers.

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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.

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