0 a payment demanded by the owner of a house, apartment, etc. from the person who is going to rent it
1 a payment that the owner of a house, etc. gets from the person who is going to rent it:
It also meant that the useful source of income—key money—would be paid only by the first generation of tenants.
I shall deal first with the question of key money.
First, an unscrupulous operator—unfortunately, there are some of those amongst us— is free to turn people off the sites, thereby creating vacancies for which "key money" can be demanded.
New private tenants will have no right to a written lease and no right not to be charged a premium or what is known colloquially as "key money".
She tried to get back into her house and a levy of £2,000 key money was made upon her.
I think that premiums and key money should not be allowed in regard to these sites.
There will be no premiums or key money.
What was key money, if refused to the landlord, ought not to be permitted to the tenant on assignment.
