Meaning key money
What does key money mean? Here you find 4 meanings of the word key money. You can also add a definition of key money yourself
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key moneyDefinition A payment made to secure a leasing interest. The tenant is in effect purchasing the "key" to the property.
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key moneyKey money refers to a payment as rent or security which is required from a new tenant in exchange for a key to the leased property. It is also a payment made by a prospective tenant to a landlord to i [..]
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key moneyIn parts of a city where the rent act restricts escalation in rentals, landlords protect themselves by collecting additional money from prospective tenants who would like to secure, modify or renew th [..]
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key moneyAn amount of money paid by the assignee to the assignor of lease agreements in retail properties, representing the goodwill connected to the prestige of a specific location.
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