Definition of «rental purposes»

The term "for rental purposes" refers to something that is being used or intended for use in a rental agreement. This could mean that an item, property or service is available for renting or leasing by others on a temporary basis. The phrase often appears in real estate listings where the owner is offering their home or property as a potential investment opportunity for those seeking to generate income through short-term or long-term rental agreements.

Sentences with «rental purposes»

  • Despite some recent ups and downs, the share of single - family homes built for rental purposes remains higher than historical norms. (eyeonhousing.org)
  • Despite some recent ups and downs, the share of single - family homes built for rental purposes continues to rise. (eyeonhousing.org)
  • Often the property will be used for rental purposes, such as rental home, apartments or other spaces that give owners the opportunity to create profit and income over the long term. (vantagemortgagegroup.com)
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