(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
How to use fair rent in a sentence
If you can get a fair rent for the house, the land will pay its own way.Town Life in Australia | R. E. N. (Richard) Twopeny
His father, who died thirty years ago, paid twenty-four pounds, which he thinks a fair rent to-day.Ireland as It Is | Robert John Buckley (AKA R.J.B.)
The act was meant to give tenants fixity of tenure, fair rent, and free sale.
Perhaps the most important provisions of the act are those enabling a landlord or tenant to have a “fair rent” fixed.
The rights of tenants under the fair rent Laws should be maintained intact.