Welcome to the 1520 Perfect Dictionary
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| Peppercorn rent (1) | |
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| PEPPERCORN RENT (1) Definition: A purely nominal rent imposed to safeguard the rights of the owner. ________________________________________________________________________ * All six elements should be ion. 1. Purposeful and necessary (see definition). 2. Usually below competitive market value for property. 3. Payment of rent will be correctly recorded. 4. Earnings are given out to others who are not so blessed. 5. Serves purpose(s), especially in litigation. 6. Imposition would have been of the owner's free will. ______________________________ See perfect PERCEPTION (7). ____ See perfect PROACTIVENESS. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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