What do we call the regular payment made to a landlord?

The regular payment made to a landlord is referred to as rent. This payment is typically made on a monthly basis and is in exchange for the use of a property, such as an apartment or house. Rent is a crucial aspect of tenancy agreements, where tenants agree to pay their landlord for living in or using the property for a specific period.

In contrast, a lease refers more to the legal contract that outlines the terms of renting a property, including the duration and conditions of the rental arrangement. A mortgage, on the other hand, is a loan taken out to buy property, with monthly payments made to the bank or financial institution, rather than to a landlord. A service charge usually pertains to additional fees for services associated with the property, like maintenance or amenities, rather than the base cost of renting. Thus, rent is the most accurate term for the regular payment made directly to a landlord for the use of their property.