Rente

In French law. Rente ls the annual return which represents the revenue of a capital or of an immovable alienated. The constitution of rente is a contract by which one of the parties lends to the other a caplin] which he agrees not to recall, in consideration of the borrower's paying an annual interest. It is this interest which is called "rente," Duverger. The word ls therefore nearly synonymous with the English "annuity." "Rentes," ls the term applied to the French government funds, and "rentier" to a fundholder or other person having an income from personal property. Wharton.

— Rente fonciere. A rent which issues out of land, and it is of its essence that it be perpetual, for, if it be made but for a limited time, it is a lease. It may, however, be extinguished. Civ. Co.de La. art. 2780.

— Rente viagere. That spectes of rente, the duration of which depends upon the contingency of the death of one or more persons indicated in the contract. The uncertninty of the time at which such death may happen causes the rente viapdre to be included in the number of aleatory contracts. Duverger. It is an annuity for life. Civ. Co.de La. art. 2764.