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

7 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.

#dwello #india #law #realestate #rent #tenant

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