rent control

rent control definition - business

rent control

Government restrictions on the price a landlord may charge for the use of real property. Rent control is effective only when the maximum allowable price is below the price that would be established in a free market.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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