In exchange for using premises, what does a landlord typically receive?

A landlord typically receives rent as consideration for allowing tenants to use the premises. Rent serves as the primary form of compensation for the use of property and reflects the agreement between the landlord and tenant regarding the value of the space. In a lease agreement, tenants pay rent for the right to occupy and utilize the property for a specified period, and this financial compensation is essential for the landlord to maintain the property, cover expenses, and generate income.

Other forms of consideration, such as services or management fees, may exist in specific arrangements but generally do not replace the fundamental tenant obligation to pay rent. Payment in equity might pertain to different financial structures not typically utilized in standard landlord-tenant agreements. Therefore, the most straightforward and common expectation from a landlord in exchange for granting access to property is the receipt of rent.