Rack Rent - Definition - Law Dictionary Home Dictionary Definition rack-rent

Definition :

Rack rent, means 'of or approaching the full annual value of the property' out of which it ensues. It means gross rent and not net rent, Lakhanshi Hiralal & Co. v. Damji Khimji & Co., 1969 Bom 73: (1968) ILR Bom 855: (1968) 70 Bom LR 394: (1968) Mah LJ 835.