Last Updated：2025/11/20
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Under the lease, any renewal would require the tenant to pay the rack rent, reflecting the full rental value of the property, including both land and improvements, as if subject to an immediate open-market rent review.
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Under the lease, any renewal would require the tenant to pay the rack rent, reflecting the full rental value of the property, including both land and improvements, as if subject to an immediate open-market rent review.
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Related words
rack rent
Noun
countable
formal
uncountable
historical
informal
Japanese Meaning
（法的、公式な意味）土地および建物（改善物）の即時市場賃貸評価に基づく物件の全面的な賃料 / （主に歴史的、非公式な意味）異常に高い、過剰な賃料
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