Removal of Subsidy. a. The Tenant understands that assistance made available on his/her behalf may be terminated if events in either items 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant and the Tenant's rent will be recomputed. In addition, if the Tenant's assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-approved market rent for the unit.
Appears in 19 contracts
Samples: Model Lease, Model Lease, Model Lease
Removal of Subsidy. a. (a) The Tenant understands that assistance made available on his/her behalf may be terminated if events in either items item 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant and the Tenant's ’s rent will be recomputed. In addition, if the Tenant's ’s assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-approved market rent for the unit.
Appears in 11 contracts
Samples: www.hud.gov, www.mnhousing.gov, www.hco.org
Removal of Subsidy. a. The Tenant understands that assistance made available on his/her behalf may be terminated if events in either items 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant and the Tenant's ’s rent will be recomputed. In addition, if the Tenant's ’s assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-approved market rent for the unit.
Appears in 2 contracts
Samples: Model Lease, Model Lease
Removal of Subsidy. a. The Tenant understands that assistance made available on his/her behalf may be terminated if events in either items 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant and the Tenant's ’s rent will be recomputed. In addition, if the Tenant's ’s assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-approved market rent for the unit.
Appears in 1 contract
Samples: Assisted Lease
Removal of Subsidy. a. The Tenant understands that the assistance made available on his/her behalf may be terminated if events in either items item 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant tenant and the Tenant's rent will be recomputed. In addition, if the Tenant's assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-approved market rent for the unit.
Appears in 1 contract
Samples: Rental Agreement
Removal of Subsidy. a. A. The Tenant understands that assistance made available on his/her behalf may be terminated if events in either items 1 or 2 below occur. Termination of assistance means that the Landlord may make the assistance available to another Tenant and the Tenant's ’s rent will be recomputed. In addition, if the Tenant's ’s assistance is terminated because of criterion (1) below, the Tenant will be required to pay the HUD-HUD- approved market rent for the unit.
Appears in 1 contract
Samples: Tenant Lease Agreement