👉 The term "headrent" is a legal concept that refers to a lease agreement between a landlord and the tenant. In this context, "headrent" means the initial rental amount for a property, typically the first month of renting. This amount is usually set by the landlord in advance and is known as the "first month's rent." The term "headrent" is commonly used to describe the initial payment made by the tenant to the landlord when they move into a new home or property.
