Common use of Initial Rent to Owner Clause in Contracts

Initial Rent to Owner. Enter the amount of the monthly rent to owner during the initial lease term. The PHA must determine that the rent to owner is reasonable in comparison to rent for other comparable unassisted units. During the initial lease term, the owner may not raise the rent to owner.

Appears in 13 contracts

Samples: Housing Assistance Payments Contract, Lease Agreement, Housing Assistance Payments Contract

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