A payment made to secure a leasing interest. The tenant is in effect purchasing the "key" to the property.
Related information about key money:
- Key money - Wikipedia, the free encyclopedia
Key money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world. It sometimes means money paid ...
- Key Money Definition | Investopedia
A payment made to a building owner, manager or landlord by a potential tenant in an attempt to secure a desired tenancy. Key money can be considered a type ...
- What Does Key Money Mean? | Home Guides | SF Gate
Key money is the advance payment not included in the monthly rental amount for an apartment or any other leased property. In most states such a payment, ...
- Japanese key money and deposits « GaijinPot In Japan Blogs
May 25, 2010 ... Looking here at the system for deposits and Key Money in Japan. This is the most commonly misunderstood part of renting an apartment but ...
- What is key-money
A : A Key-money is a sort of 'Goodwill'. Key-money very often applies at commercial lets. Charging key-money protects the landlord avoiding that the tenant ...
- Key money | Define Key money at Dictionary.com
advance rent or security required of a new tenant and given in exchange for the key to the house or apartment. 2. an amount of money paid, often secretly, to a ...
- What is key money? definition and meaning
Definition of key money: Amount paid by a lessee as deposit on a leased property.
- key money - definition of key money by the Free Online Dictionary ...
Payment made to a landlord as an inducement to assure a rental. key money. n. a fee payment required from a new tenant of a house or flat before he moves in ...