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LSDefine

Simple English definitions for legal terms

net rental

Read a random definition: teind

A quick definition of net rental:

Net rental: The money left over after all the expenses have been taken out of the total amount received from renting a property. It is the income received from rent, and a record of payments received from rent.

A more thorough explanation:

Definition: Net rental refers to the amount of rental income that remains after all expenses have been deducted from the gross rental income. It is the income received from rent.

Examples:

  • If a landlord charges $1,000 per month in rent and has $200 in expenses (such as property taxes, maintenance, and insurance), the net rental income would be $800 per month.
  • In the oil and gas industry, a delay rental is a periodic payment made by a lessee to postpone exploration during the primary lease term. This is an example of a type of rental payment that is not included in net rental income.

The examples illustrate that net rental income is the amount of rental income that a landlord or property owner actually receives after all expenses have been paid. It is important for property owners to calculate their net rental income to determine the profitability of their rental property.

net rent | net return

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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