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QUIT RENT
Legal Term:
QUIT RENT
Definition:
A rent paid by the tenant of the freehold, by which he goes quit and free, that is, discharged from any other rent. 2 Bl. Com. 42. 2. In England, quit rents were rents reserved to the king or a proprietor, on an absolute grant of waste land, for which a price in gross was at first paid, and a mere nominal rent reserved as a feudal acknowledgment of tenure. Inasmuch as no rent of this description can exist in the United States, when a quit rent is spoken of, some other interest must be intended. 5 Call. R. 364. A perpetual rent reserved on a conveyance in fee simple, is sometimes known by the name of quit rent in Massachusetts. 1 Hill. Ab. 150. See Ground Rent, Rent.
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***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary
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