Also known as:reditum · reditus redditus · rent · return · revenue
Written by attorneys — see sources below.
A revenue or return. Especially rent.
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Common Examples
6
Rent Paid for Mixed-Use Dwelling
Ronald Reed pays reditus monthly to occupy a structure he uses regularly for sleeping while also running a small business from it. When he takes a temporary absence, the structure retains its character as a dwelling. This allows a burglary prosecution to proceed because the reditus confirms ongoing residential use by someone other than the defendant.
Revenue Bill Origination Dispute
Ryan Roberts introduces legislation imposing reditus through new import duties. The bill must originate in the House of Representatives even though the Senate may propose amendments. Failure to follow this path prevents the measure from becoming law after presidential review.
Rowan Russell produces documents containing reditus payment details during discovery. Upon receiving notice of a privilege claim, the receiving party must promptly return or sequester the information and may not use it until the court resolves the claim.
Modest Gifts Covering Client Reditus
Raphael Rivera represents an indigent client pro bono and provides modest gifts for the client's reditus and other basic living expenses. The lawyer may not promise such gifts before retention or seek reimbursement from the client or affiliates.
Acceptance by Reditus Performance
Rosa Ruiz offers to lease property in exchange for reditus payments. Ryan Roberts begins tendering partial reditus as requested, which constitutes acceptance by performance that also operates as a return promise under the offer.
Written Lease Evidencing Reditus
Rhea Reynolds and Ridgeway Partners execute a writing identifying the parties, premises, lease duration, and reditus to be paid. The document signed by the party to be charged satisfies the requirements for a valid lease within the Statute of Frauds.
4 common questions
Students Frequently Ask...
What does reditus primarily denote in legal usage?
Reditus denotes a revenue or return, especially rent payable to a landlord.
How does reditus albi differ from reditus nigri?
Reditus albi refers to rent payable in silver or other money, while reditus nigri refers to rent payable in goods or labor rather than money.
What is reditus capitales?
Reditus capitales is chief rent paid by a freeholder to be quit of all other services.
What is another name for reditus quieti?
Reditus quieti is another name for quit rent.
326 U.S. 310 (1945)
…with a line of samples, each consisting of one shoe of a pair, which they display to prospective purchasers. On occasion they rent permanent sample rooms, for exhibiting samples, in business buildings, or rent rooms in hotels or business buildings temporarily for that purpose. The cost of such rentals is reimbursed by…