Re-rent

To rent out a property or item again, typically after a prior rental agreement has ended. This action implies a continuation of the rental business, seeking a new tenant or user after the previous one has vacated or returned the asset. It emphasizes the cyclical nature of renting, aiming to maintain occupancy or generate continuous revenue through the repeated leasing of something. The process often involves preparing the property or item for the new renter, which may include cleaning, repairs, and marketing to attract new tenants or users.

Re-rent meaning with examples

• After the previous tenants moved out, the landlord immediately began the process to re-rent the apartment. They cleaned and painted the walls, advertised the property online, and scheduled viewings for potential new renters. They hoped to find a new tenant quickly to minimize the period of vacancy and maintain cash flow from the property.
• The equipment rental company had to re-rent the scaffolding after the construction project it was initially used for was completed. They ensured the scaffolding was properly inspected, cleaned, and ready for the next customer. They offered a discount to repeat customers in hopes of a fast re-rental of their expensive inventory.
• Upon the return of the rental car, the company promptly took steps to re-rent it. The car was washed, the fuel tank was refilled, and the interior was cleaned. They then added it back to their fleet and prepared for the next renter to collect it in a timely manner, avoiding periods without use.
• The homeowner decided to re-rent the guest house on their property after the previous short-term renter's lease ended. They advertised it online and in local listings. They did so with the intention of gaining further income from the underutilized structure with the added convenience of being on site.