Common use of REGULARLY SCHEDULED RECERTIFICATIONS Clause in Contracts

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the day of , Xxxxxxxx will request Tenant to report the income and composition of Xxxxxx’s household and to supply any other information required by HUD or DHCR for the purposes of determining Tenant’s rent and assistance payment, if any. Xxxxxx agrees to provide accurate statements of this information and to do so by the date specified in Xxxxxxxx’s request. Landlord will verify the information supplied by Xxxxxx and use the verified information to compute the amount of Tenant’s rent and assistance payment, if any. a. If Tenant does not submit the required recertification information by the date specified in Landlord’s request, Landlord may impose the following penalties. Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreement. b. Tenant may request to meet with Xxxxxxxx to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx requests such a meeting, Xxxxxxxx agrees to meet with Xxxxxx and discuss how Xxxxxx’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the day of , Xxxxxxxx the Landlord will request the Tenant to report the income and composition of Xxxxxx’s the Tenant's household and to supply any other information required by HUD or DHCR for the purposes of determining the Tenant’s 's rent and assistance payment, if any. Xxxxxx The Tenant agrees to provide accurate statements of this information and to do so by the date specified in Xxxxxxxx’s the Landlord's request. Landlord The landlord will verify the information supplied by Xxxxxx the Tenant and use the verified information to compute recompute the amount of the Tenant’s 's rent and assistance payment, if any. a. If the Tenant does not submit the required recertification information by the date specified in the Landlord’s 's request, the Landlord may impose the following penalties. The Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s 's regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require the Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreementAgreement. b. The Tenant may request to meet with Xxxxxxxx the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx the Tenant requests such a meeting, Xxxxxxxx the Landlord agrees to meet with Xxxxxx the Tenant and discuss how Xxxxxx’s the Tenant's rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the _ day of , Xxxxxxxx Landlord will request Tenant to report the income and composition of XxxxxxTenant’s household and to supply any other information required by HUD or DHCR for the purposes of determining Tenant’s rent and assistance payment, if any. Xxxxxx Tenant agrees to provide accurate statements of this information and to do so by the date specified in XxxxxxxxLandlord’s request. Landlord will verify the information supplied by Xxxxxx Tenant and use the verified information to compute the amount of Tenant’s rent and assistance payment, if any. a. If Tenant does not submit the required recertification information by the date specified in Landlord’s request, Landlord may impose the following penalties. Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreement. b. Tenant may request to meet with Xxxxxxxx Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx Tenant requests such a meeting, Xxxxxxxx Landlord agrees to meet with Xxxxxx Tenant and discuss how XxxxxxTenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the first day of ________________, Xxxxxxxx the Landlord will request the Tenant to report the income and composition of Xxxxxx’s the Tenant's household and to supply any other information required by HUD or DHCR for the purposes of determining the Tenant’s 's rent and assistance payment, if any. Xxxxxx The Tenant agrees to provide accurate statements of this information and to do so by the date specified in Xxxxxxxx’s the Landlord's request. The Landlord will verify the information supplied by Xxxxxx the Tenant and use the verified information to compute recompute the amount of the Tenant’s 's rent and assistance payment, if any. a. If the Tenant does not submit the required recertification information by the date specified in the Landlord’s 's request, the Landlord may impose the following penalties. The Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s 's regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require the Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreementAgreement. b. The Tenant may request to meet with Xxxxxxxx the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx the Tenant requests such a meeting, Xxxxxxxx the Landlord agrees to meet with Xxxxxx the Tenant and discuss how Xxxxxx’s the Tenant's rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the day of , Xxxxxxxx Landlord will request Tenant to report the income and composition of XxxxxxTenant’s household and to supply any other information required by HUD or DHCR for the purposes of determining Tenant’s rent and assistance payment, if any. Xxxxxx Tenant agrees to provide accurate statements of this information and to do so by the date specified in XxxxxxxxLandlord’s request. Landlord will verify the information supplied by Xxxxxx Tenant and use the verified information to compute the amount of Tenant’s rent and assistance payment, if any. a. If Tenant does not submit the required recertification information by the date specified in Landlord’s request, Landlord may impose the following penalties. Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreement. b. Tenant may request to meet with Xxxxxxxx Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx Tenant requests such a meeting, Xxxxxxxx Landlord agrees to meet with Xxxxxx Tenant and discuss how XxxxxxTenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the first day of April, Xxxxxxxx the Landlord will request the Tenant to report the income and composition of Xxxxxxthe Tenant’s household and to supply any other information required by HUD or DHCR for the purposes of determining the Tenant’s rent and assistance payment, if any. Xxxxxx The Tenant agrees to provide accurate statements of this information and to do so by the date specified in Xxxxxxxxthe Landlord’s request. Landlord The landlord will verify the information supplied by Xxxxxx the Tenant and use the verified information to compute recompute the amount of the Tenant’s rent and assistance payment, if any. a. If the Tenant does not submit the required recertification information by the date specified in the Landlord’s request, the Landlord may impose the following penalties. The Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require the Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreementAgreement. b. The Tenant may request to meet with Xxxxxxxx the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx the Tenant requests such a meeting, Xxxxxxxx the Landlord agrees to meet with Xxxxxx the Tenant and discuss how Xxxxxxthe Tenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the first day of May , Xxxxxxxx the Landlord will request the Tenant to report the income and composition of Xxxxxxthe Tenant’s household and to supply any other information required by HUD or DHCR for the purposes of determining the Tenant’s rent and assistance payment, if any. Xxxxxx The Tenant agrees to provide accurate statements of this information and to do so by the date specified in Xxxxxxxxthe Landlord’s request. Landlord The landlord will verify the information supplied by Xxxxxx the Tenant and use the verified information to compute recompute the amount of the Tenant’s rent and assistance payment, if any. a. If the Tenant does not submit the required recertification information by the date specified in the Landlord’s request, the Landlord may impose the following penalties. The Landlord may implement these penalties only in accordance with the administrative procedures and time frames specified in HUD’s regulations, handbooks and instructions related to the administration of multifamily subsidy programs. (1) Require the Tenant to pay the higher, HUD-approved market rent for the unit. (2) Implement any increase in rent resulting from the recertification processing without providing the 30-day notice otherwise required by paragraph 4 of this agreementAgreement. b. The Tenant may request to meet with Xxxxxxxx the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Xxxxxx the Tenant requests such a meeting, Xxxxxxxx the Landlord agrees to meet with Xxxxxx the Tenant and discuss how Xxxxxxthe Tenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!