Common use of REGULARLY SCHEDULED RECERTIFICATIONS Clause in Contracts

REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the _ day of , Landlord will request Tenant to report the income and composition of Tenant’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. Tenant agrees to provide accurate statements of this information and to do so by the date specified in Landlord’s request. Landlord will verify the information supplied by 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 Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Tenant requests such a meeting, Landlord agrees to meet with Tenant and discuss how Tenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

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REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the _ first day of April, the Landlord will request the Tenant to report the income and composition of the 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. The Tenant agrees to provide accurate statements of this information and to do so by the date specified in the Landlord’s request. Landlord The landlord will verify the information supplied by 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 the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If the Tenant requests such a meeting, the Landlord agrees to meet with the Tenant and discuss how 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 , the Landlord will request the Tenant to report the income and composition of the Tenant’s '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. The Tenant agrees to provide accurate statements of this information and to do so by the date specified in the Landlord’s 's request. Landlord The landlord will verify the information supplied by 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 the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If the Tenant requests such a meeting, the Landlord agrees to meet with the Tenant and discuss how the Tenant’s '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 , Landlord Xxxxxxxx will request Tenant to report the income and composition of TenantXxxxxx’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. Tenant Xxxxxx agrees to provide accurate statements of this information and to do so by the date specified in LandlordXxxxxxxx’s request. Landlord will verify the information supplied by Tenant 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 Landlord Xxxxxxxx to discuss any change in rent or assistance payment resulting from the recertification processing. If Tenant Xxxxxx requests such a meeting, Landlord Xxxxxxxx agrees to meet with Tenant Xxxxxx and discuss how TenantXxxxxx’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 , Landlord will request Tenant to report the income and composition of Tenant’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. Tenant agrees to provide accurate statements of this information and to do so by the date specified in Landlord’s request. Landlord will verify the information supplied by 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 Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If Tenant requests such a meeting, Landlord agrees to meet with Tenant and discuss how Tenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

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REGULARLY SCHEDULED RECERTIFICATIONS. Every year around the _ first day of ________________, the Landlord will request the Tenant to report the income and composition of the Tenant’s '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. The Tenant agrees to provide accurate statements of this information and to do so by the date specified in the Landlord’s 's request. The Landlord will verify the information supplied by 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 the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If the Tenant requests such a meeting, the Landlord agrees to meet with the Tenant and discuss how the Tenant’s '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 , the Landlord will request the Tenant to report the income and composition of the 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. The Tenant agrees to provide accurate statements of this information and to do so by the date specified in the Landlord’s request. Landlord The landlord will verify the information supplied by 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 the Landlord to discuss any change in rent or assistance payment resulting from the recertification processing. If the Tenant requests such a meeting, the Landlord agrees to meet with the Tenant and discuss how the Tenant’s rent and assistance payment, if any, were computed.

Appears in 1 contract

Samples: Lease Agreement

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