fee paid by a property owner in lieu of otherwise required services
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Quitrent Definition from Language, Idioms & Slang Dictionaries & Glossaries
(n.)
A rent reserved in grants of land, by the payment of which the tenant is quit from other service.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. AboutA rent reserved in grants of land, by the payment of which the tenant is quit from other service.
quitrent
\quit"rent`\ (kw&ibreve;t"r&ebreve;nt`), n. [quit, a. + rent.] (law) a rent reserved in grants of land, by the payment of which the tenant is quit from other service.
note: in some of the united states a fee-farm rent is so termed.
Quitrent Definition from Encyclopedia Dictionaries & Glossaries
Quit rent, Quit-rent, or quitrent, in practically all cases, is now effectively but not formally a tax or land tax imposed on freehold or leased land by a higher landowning authority, usually a government or its assigns.
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