Definitions
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Rent
In law, periodic payment by a tenant for the use of another's property.
Residents
One who lives in a dwelling.
Real Estate-Commercial
The elements of a contract for the sale of commercial property, meaning property used or to be used for income-producing purposes, are essentially the same as those of contracts for real property sales in general.
Reasonable Wear and Tear
Reasonable wear and tear is a term often found in leases to limit the tenant's responsibility to repair or repaint the premises upon leaving. In general, the longer the time of tenancy, the more wear and tear can be expected. Litigation dealing with reasonable wear and tear between landlord and tenant occurs most often when there is a deposit for any damages "beyond reasonable wear and tear." Reasonable wear and tear is generally defined as unavoidable deterioration in the dwelling and its fixtures resulting from normal use.
Revocation
Revocation is a broad sense, refers to the cancelling or annulling of something previously done, such a revoking a person's driving privileges because of excessive violations, or revoking an immigrant's citizenship for conviction of a crime.
Room
An area within a building enclosed by walls and floor and ceiling.
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