quitrent in a sentence
n.
Definition
Quitrent is a fixed annual payment made by a tenant to a landowner in lieu of taxes or as a condition of land tenure.
Sample Sentences
- The landowner was relieved to pay a modest quitrent each year instead of a larger sum in taxes.
- Historically, quit rents were often used as a means of securing land tenure in colonial settlements.
- The quit rent agreement stipulated that the tenant must make annual payments to the lord of the manor.
- Due to changes in legislation, many property owners no longer have to pay quit rents.
- The concept of quit rent dates back to feudal times when it was a way to acknowledge land ownership rights.
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