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home > Renting & Housing > For Tenants Rent is the price the tenant pays for possession of the premises. It is the most important economic consideration for both landlord and tenant law. Usually, it is governed by market forces: the amount of the rent will be hemmed in by what other landlords are charging for similar dwellings in similar locations. But sometimes government trumps the market by enacting "rent control" laws that prevent landlords from raising rent more than a fixed percentage.
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