What do "rent percentages" mean in tournaments?

Question

Due to the Sunset of Tournaments, this question is outdated.

Rent percentage is one of the factors that you can see during tournaments announcements with a correspondent percentage.

For example, TRIUMPH tournament has a rent percentage of 10%.

However, what does it means exactly? It means that renting houses is cheaper or expensive?

Answer 1

Rent percentage means the % of the original rent of the house. For example, let's say the house is 25,000 rent (which you can see the price on the website or in the cyclopedia)... 10% of 25,000 is 2,500. This is what you'll have to pay for the house aside from the bid on the house.

Here's a quote from the forums on Tibia:

Q: "On the settings it's says that will be possible to rent a house.. after the tournament end, all rents will be lost?
A: Yes, but rents will only be 10% of the original ones. Also, house auctions only last till the next server save."

Source- https://www.tibia.com/forum/?action=thread&postid=38695615#post38695615