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Penal rent Term Meaning in Real Estate - Guide
Penal rent is the legal and financial penalty/rent that the tenant is obliged (under law) to pay in case he fails to pay the rent on time
Devika Arora
8 years ago
Published Date: Apr 26, 2018
Updated Date: Mar 27, 2024
Penal rent is the legal and financial penalty/rent that the tenant is obliged (under law) to pay in case he fails to pay the rent on time.
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