Ready in Brazil to accept new tenant’s first payment (6)
I believe the answer is:
rental
'payment' is the definition.
(I've seen this before)
'ready in brazil to accept new tenant's first' is the wordplay.
'ready in brazil' becomes 'real' (I can't justify this - if you can you should give a lot more credence to this answer).
'to accept' is an insertion indicator.
'new' becomes 'n' (common abbreviation eg NT for New Testament).
'tenant's first' becomes 't' (rst letter of 'tenant').
'n'+'t'='nt'
'real' placed around 'nt' is 'RENTAL'.
Can you help me to learn more?
(Other definitions for rental that I've seen before include "What's offered by a letter" , "Payment to landlord" , "Amount paid for hiring something" , "4 across (anag)" , "Hire charge" .)