rent charges

Rent charges are fees that tenants pay regularly (usually monthly) in exchange for the use of a property or land. They are a contractual agreement between the landlord and tenant, providing the landlord with income and granting the tenant the right to occupy the premises. Rent charges can be fixed or vary over time, and they often include terms about payment amount, due date, and late fees. Understanding rent charges helps tenants budget accurately and landlords ensure consistent income from their property investments.