Definition
In rental context, escrow can refer to a security deposit held per state law or to rent paid into a court registry during a habitability dispute.
In rental context, escrow can refer to a security deposit held per state law or to rent paid into a court registry during a habitability dispute.
A tenant withholding rent under a habitability claim may be required to pay the rent into court escrow during the dispute.
Charges beyond base rent that the lease treats as rent for enforcement purposes.
Verifying credit, eviction history, income, and references for a rental applicant.
Net operating income divided by property value, expressed as a percentage.
The pro-rata share of shared-space upkeep charged to commercial tenants.
The state of a resident being past due on rent or other lease charges.
The rent a unit would command in the open market.