Fee farm rent

Definition of Fee farm rent

The rent reserved on granting a feefarm. It might be one-fourth or one-third the value of the land. Fee-farm rent is a rent-charge issuing out of an estate in fee; a perpetual rent reserved on a conveyance in fee-simple.

That's the definition of Fee farm rent in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.