Definitions for key money

This page provides all possible meanings and translations of the word key money

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  1. Key money

    Key money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord. In other parts of the world, it is used synonymously with normal security deposits, which are used to cover nonpayment of rent and excessive damage to a rental unit.

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"key money." Definitions.net. STANDS4 LLC, 2015. Web. 4 Sep. 2015. <http://www.definitions.net/definition/key money>.

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