- (in Britain) the rent for a private tenancy, fixed and registered by a rent officer, and based on the size, condition, and usefulness of the property, but not its scarcity value
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Examples from the Web for fair rent
Historical Examples of fair rent
The League, however, could not prevent the farmers from using the fair-rent clauses.