In French law. Rente ia the annual return which represents the revenue of a capital or of an immovable alienated. The constitution of rente. is a contract by which one of the parties lends to the other a capital which he agrees not to recall, in consideration of the borrower's paying an annual Interest It is this interest which is called "rente." Duverger. The word is therefore … [Read more...] about RENTE
RENDEZVOUS
A place appointed for meeting. 2. Among seamen it is usual when vessels sail under convoy, to have a rendezvous in case of dispersion by storm, an enemy, or other accident, 3. The place where military men meet and lodge, is also called a rendezvous. … [Read more...] about RENDEZVOUS
RENT
estates, contracts. A certain profit in money, provisions, chattels, or labor, issuing out of lands and tenements in retribution for the use. 2. A rent somewhat resembles an annuity, their difference consists in the fact that the former issues out of lands, and the latter is a mere personal charge. 3. At common law there were three kinds of rents; namely, rent-service, … [Read more...] about RENT
RENTE FONCIERE
This is a technical phrase used in Louisiana. It is a rent which issues out of land, and it is of its essence that it be perpetual, for if it be made but for a limited time, it is a lease. It may, however, be extinguished. … [Read more...] about RENTE FONCIERE
RENTAL VALUE
The amount of rent that the premises would demand on the open market. … [Read more...] about RENTAL VALUE
