Legal Definition and Related Resources of Dead rent
Meaning of Dead rent
A rent payable on a mining lease in addition to a royalty. So called because it is payable, although the mine may not be worked. Wharton.
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This definition of Dead Rent is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Concept of Dead Rent in the context of Real Property
A short definition of Dead Rent: A term used in mining to indicate the fixed annual rent, exclusive of royalties. In commercial percentage leases, usually called minimum rent or base rent.
Concept of Dead Rent in the context of Real Property
A short definition of Dead Rent: A term used in mining to indicate the fixed annual rent, exclusive of royalties. In commercial percentage leases, usually called minimum rent or base rent.
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