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If we desire respect for the law, we must first make the law respectable.
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Legal Definitions - rental
The law is reason, free from passion.
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Definition of rental
Definition: Rental refers to the amount of money received as payment for the use of property or equipment. It can also refer to the income received from rent or a record of payments received from rent.
Examples:
- A landlord charges a monthly rental fee of $1000 for an apartment.
- A car rental company charges $50 per day to rent a car.
- A company rents out construction equipment for $500 per week.
These examples illustrate how rental refers to the amount of money paid for the use of property or equipment.
The difference between ordinary and extraordinary is practice.
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Simple Definition
Rental refers to the amount of money received in exchange for the use of property or equipment. It can also refer to the income received from renting out property or equipment. A record of payments received from rent is also called rental. In some cases, rental payments may increase gradually over time, or a lessee may make periodic payments to postpone exploration during the primary lease term in the oil and gas industry. The net rental is the amount remaining after deducting all expenses from the gross rental income.
A judge is a law student who marks his own examination papers.
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