Obs. Rent or revenue derived from house-property (which is continually undergoing deterioration or waste).
1611. Chapman, Mayday, ii. Candlerents: if the wars hold, or a plague come to the town, they’ll be worth nothing.
a. 1613. Overbury, Charac., Ordinarie Widow. She dare not venture upon … a souldier, though he have candle-rents in the citie, for his estate may be subject to fire.
1633. Marmion, Fine Compan., I. iii. Candle rents that are subject to fire and ruin.
1655. Fuller, Ch. Hist., VI. vi. § 16 (1845), III. 447. The dean and chapter of Paul’s … pretended themselves yearly losers by some of these chantries; for generally they were founded on candle-rents, (houses are London’s land,) which were subject to casuality, reparation, and vacations. Ibid., XI. ii. § 6 VI. 68. Bying them generally (as candle-rents) at or under twelve years’ valuation.
