Rent Controls
Concept of Rent Controls in the context of Real Property
A short definition of Rent Controls: A legal maximum on rental price. Used extensively during World War II. Modernly, a control on subsidized housing, where the rent is paid partly by the government agency, and a maximum rent is established, not by the landlord, but by the agency.
Concept of Rent Controls in the context of Real Property
A short definition of Rent Controls: A legal maximum on rental price. Used extensively during World War II. Modernly, a control on subsidized housing, where the rent is paid partly by the government agency, and a maximum rent is established, not by the landlord, but by the agency.
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