michavaram definition

michavaram means the money or produce or both specified as michavaram in the document evidencing the transfer by a person of an interest in specific immovable property to another person, and inc ludes the balance of money or produce or both payable periodically under the document evidencing such transfer after deducting from the money or produce or both due to the transferor, the interest due on the amount advanced to the transferor, but does not include customary dues;
michavaram means whatever is agreed by a kanamdar to be paid periodically as re- sidual rent, in money or in kind or in both to, or on behalf of the landlord, but does not include customary dues;