Definition: Net rent

Category: SNA 1993

Net rent is the total rent paid by a tenant to a landowner less the amounts paid by the landowner for land taxes or any maintenance expenses incurred solely as a consequence of owning the land (by convention, such taxes or expenses are treated as payable by the tenant who is deemed to deduct them from the rent that he would otherwise be obliged to pay to the landowner). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf