Common use of Effective date of rent adjustments Clause in Contracts

Effective date of rent adjustments. 1. Timely Reporting (Within 10 calendar days of the occurrence) ▪ Decreases - First day of the month after the decrease in income is first reported to the property manager. ▪ Increases - First day of the second month following the increase in income.

Appears in 5 contracts

Samples: Lease Part, Lease Part, Fy2020 Residential Lease Agreement

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Effective date of rent adjustments. 1. Timely Reporting (Within 10 calendar days of the occurrence) Decreases - First day of the month after the decrease in income is first reported to the property manager. Increases - First day of the second month following the increase in income.

Appears in 3 contracts

Samples: Lease Part, Lease, Fy2015 Residential Lease Agreement

Effective date of rent adjustments. 1. Timely Reporting (Within 10 calendar days of the occurrence) ▪ Decreases - First day of the month after the decrease in income is first reported to the property manager. Increases - First day in rent are not required to be reported until the next regularly scheduled re- examination. Increases in income are not subject to reporting requirement within 10 calendar days of the second month following the increase in incomeoccurrence.

Appears in 2 contracts

Samples: Fy2024 Residential Lease Agreement, Fy2024 Residential Lease Agreement

Effective date of rent adjustments. 1. Timely Reporting (Within 10 calendar days of the occurrence) Decreases - First day of the month after the decrease in income is first reported to the property manager. Increases - First day in rent are not required to be reported until the next regularly scheduled re- examination. Increases in income are not subject to reporting requirement within 10 calendar days of the second month following the increase in incomeoccurrence.

Appears in 1 contract

Samples: Fy2020 Residential Lease Agreement

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Effective date of rent adjustments. 1. Timely Reporting (Within 10 calendar days of the occurrence) § Decreases - First day of the month after the decrease in income is first reported to the property manager. § Increases - First day of the second month following the increase in income.

Appears in 1 contract

Samples: Lease

Effective date of rent adjustments. 1. Timely Reporting (Within 10 ten calendar days of the occurrence) Decreases - First 1st day of the month after the decrease in income is first reported to the property manager. Increases - First 1st day of the second month following the increase in income.

Appears in 1 contract

Samples: Residential Lease Agreement

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