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How is Rental Income defined in a legal contract?

• Rental Income means the total amount that is due and can be determined under rent agreements and other obligations of tenants, reduced if these amounts wouldn't be received due to operational costs not being incurred during a period where the property isn't being occupied. Seen in 21 SEC filings.
• Rental Income means income derived from the letting of any asset in respect of which an allowance has been granted, and includes any amount. Seen in 11 SEC filings.
• Rental Income means the total of all sums paid or payable to or for the account of any obligor, connected with the letting, licence or grant of other rights of use or occupation of any part of a property including, but not double counting. Seen in 11 SEC filings.
• Rental Income means all rent and other charges due from tenants, users of garage spaces, storage closets, parking charges, and from other lessees of other non-dwelling facilities, if any, in the project, from concessionaires as a result of the authorized operation of facilities in the project primarily for the benefit of tenants, and all other rental fees and other charges otherwise due owner. Seen in 9 SEC filings.
• Rental Income means income received or accrued. Seen in 6 SEC filings.
• Rental Income means revenues from signed rental or lease agreements that would have been earned or incurred from tenant occupancy of the insured project including the fair market value for rental of any portion of the insured project. Seen in 6 SEC filings.
• Rental Income means income received for the applicable period from tenant leases of the improvements which are in effect and the tenants are paying rent. Seen in 6 SEC filings.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1: Rental Income means total amounts due, determined, and received from property and asset leases, including all other associated charges.

Relevant Contract Types

• Lease Agreements
• Tenancy Agreement
• Sublease Agreement
• Commercial Lease Agreement
• Rental Agreement

Relevant Circumstances

• Landlord and tenant relationships
• Rental properties and businesses
• Property management
• Real estate investments

Relevant Sectors

• Real Estate
• Property Management
• Hospitality

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Genie Definition 2: Rental Income means any income accrued from the letting of property or assets, including the fair market value for rental spaces.

Relevant Contract Types

• Lease Agreements
• Property Management Agreement
• Commercial Lease Agreement

Relevant Circumstances

• Property and asset rentals
• Asset management
• Real estate investments

Relevant Sectors

• Real Estate
• Asset Management
• Hospitality.

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