In comparison to market rent, in-place rent is collected or charged on property current leases. It is not based on market conditions instead it is based on the lease contract that is signed between the tenant and the landlord.
In-place Rent
In comparison to market rent, in-place rent is collected or charged on property current leases. It is not based on market conditions instead it is based on the lease contract that is signed between the tenant and the landlord.