# Rental Payment

**IRI:** https://folio.openlegalstandard.org/RMRPEiZaE5KKv6sC0IbGgS

## Labels

**Preferred Label:** Rental Income

**Alternative Labels:**

- Lease Income
- Property Rental Earnings
- Rent Receipts
- Rental Revenue

## Definition

Rental Payment, also known as Rental Income, refers to the income received by a property owner from tenants in exchange for the use of the property. This income is typically derived from residential, commercial, or industrial real estate and is received on a regular basis, such as monthly or annually.

## Sub Class Of

- https://folio.openlegalstandard.org/R8NbbZM7ESWmrKMGuKGoGJx
- https://folio.openlegalstandard.org/RCKOcs51IQGZ9MeUqtONIlc

**Deprecated:** False