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What is a quit-rent?

What is a quit-rent? Here are some definitions.

Noun
  1. Alternative form of quitrent
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Examples
The quit-rent belonged to the king based upon the alleged royal ownership claim upon all land.
A hundred acres were promised for forty shillings, with a quit-rent of one shilling annually to the proprietor forever.
If any one buy the field, garden, and house of a chieftain, man, or one subject to quit-rent, his contract tablet of sale shall be broken and he loses his money.
He held it on freehold title, with no reservation of quit-rent to the Government.
The quit-rent was handed down from the feudal system of medieval times.
The quit-rent revenue amounted to about eight hundred pounds sterling per annum.

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