Economic rent definition

Economic rent means the rent for a property similar to and in the same area as an acquired property.

Economic rent means the economic rent fixed by the Corporation for various areas from time to time.

Economic rent means a monthly rate of economic rent of accommodation as laid down in Rule-330, as may be amended from time to time.

Examples of Economic rent in a sentence

• Economic rent can generally be taxed without distorting the decisions of investors if the tax is well designed.

• Economic rent generally stems from private property and limited supply6: contracts, patents, barriers to entry into certain markets, and so on.

• The need of the hour is for India and international community to pressurize Colombo not to proceed with constitutional amendments.

• Economic rent for the fishery shall be fixed first after taking into consideration the income from the fishery in the three preceding years.

• Economic rent and expenses, as well as interest and capitalization rates, are supported by market evidence adequately portrayed in the report.

More Definitions of Economic rent

Economic rent means the amount of rent a tenant or homeowner would have to pay for a dwelling similar to the acquired dwelling in a comparable area.

Economic rent means the amount that would be paid in money or kind for the right to use real property if (1) the contract rent were currently negotiated under the conditions which exist in a free and competitive market and (2) the fee owner paid property taxes on the value of the fee.

Economic rent means the amount of rent a residential displaced person would have to pay for a compa­ rable dwelling unit in areas not less desirable than that of the dwelling unit to be acquired by the Corpora­ tion.

Economic rent means the estimated amount that would be paid by the possessor, on

Economic rent means the rent determined by the Chandigarh Administration or the Punjab Government, as the case may be, on the basis of the cost of land and construction thereon.

Economic rent means the estimated total gross revenue less

Economic rent in relation to tenement means the rent which is determined by the Authorised Officer in accordance with the formula prescribed by the Government by an order made in this behalf;