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Key money - translation to arabic
PAYMENT GIVEN TO A LANDLORD
key money
خلو رجل
Key money
خلو
key money
خلو الرجل
Definition
key money
¦ noun a payment required from a new tenant in exchange for the provision of a key to the premises.
Wikipedia
Key money
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 to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord. In other parts of the world, it is used synonymously with normal security deposits, which are used to cover nonpayment of rent and excessive damage to a rental unit.
Examples of use of Key money
1. "All the other tenants had key money agreements, so their situation is much tougher.
2. The tenants purchased the houses on key money arrangements, which today translate to rent of a few hundred shekels a year.
3. The price of key–money (protected tenancy) housing has also risen sharply: A 2.5–room apartment in Romema went for $160,000.
4. In the interview, Shvartsman said he was a key money manager on behalf of Kremlin–linked interests that included Rosoboronexport and the presidential administration‘s deputy chief of staff, Igor Sechin, Reuters reported.
5. Thirty–six percent live in apartments rented from the owners, while the rest live in public rental housing or in apartments leased long term (under key money contracts).These figures were reported by the Housing Ministry‘s economic analysis department.