How is Back Rent defined in a legal contract?
- Back Rent means the due payment of rent by a tenant that remains unpaid post the expiration of the grace period.
- Seen in 8 SEC filings.
- Back Rent means the sum that remains uncompensated for under a leasing agreement, excluding any percentage rental fees that have accumulated but remain unpaid, as of the date of reestablishment. This includes straightforward interest on the overdue fees and any incurred costs related to enforcing the contract.
- Seen in 1 SEC filing.
(Note: The second definition provided was derived from the portion of the input text that appeared most relevant based on provided instructions. Unnecessary details and overly specific clauses were discarded considering the mentioned constraints.)
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of back rent’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Back Rent means due rent that remains unpaid past a specified period under a lease agreement.
Relevant Contract Types
Relevant Circumstances
- When a tenant is unable to make timely payments for their rent.
- In situations where there is a dispute regarding rent payments between the landlord and the tenant.
Relevant Sectors
Genie Definition 2
Back Rent means accumulated unpaid rent, including related interest and enforcement costs, as of a date of reestablishment under a lease agreement.
Relevant Contract Types
Relevant Circumstances
- When a lease contract is reinstated after a period of non-payment by the tenant.
- In situations where a legal judgement has been made in favor of the landlord for recovery of back rent.
Relevant Sectors
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Back Rent means due rent that remains unpaid past a specified period under a lease agreement.
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