Common use of Rent Reviews Clause in Contracts

Rent Reviews. 5.1 The Rental may be reviewed to market by the Landlord on each anniversary of the Commencement Date in accordance with the provisions of the Residential Tenancies Xxx 0000. 5.2 If, following any Rent Review the Tenant’s total household income has changed, rent will be calculated as follows: a. If the Tenant still qualifies for a Subsidised Rent, the rental shall be calculated to 80% of market rent, as determined by the Landlord, or 30% of the gross household income, whichever is the greater; or b. If the Tenant no longer qualifies for a Subsidised Rent, then the rental shall be increased to full market rent, as determined by the Landlord.

Rent Reviews. 5.1 The Rental may be reviewed to market by the Landlord on each anniversary of the Commencement Date in accordance with the provisions of the Residential Tenancies Xxx 0000Act 1986. 5.2 If, following any Rent Review the Tenant’s total household income has changed, rent will be calculated as follows: a. If the Tenant still qualifies for a Subsidised Rent, then the rental shall be calculated to set at 80% of market rent, as determined by the Landlord, or 3035% of the gross household income, whichever is the greater; or b. If 5.3 If, following any Rent Review the Tenant no longer qualifies for a Subsidised Rent, then the rental shall be increased to full market rent, as determined by the Landlord.

Rent Reviews. 5.1 The Rental Rent may be reviewed to market by the Landlord on each anniversary of the Commencement Date in accordance with the provisions of the Residential Tenancies Xxx 0000Act 1986. 5.2 If, following any Rent Review the Tenant’s total household income has changed, rent will be calculated as follows: a. If the Tenant still qualifies for a Subsidised Rent, the rental shall be calculated to 80% of market rent, as determined by the Landlord, or 3035% of the gross household income, whichever is the greater; or b. If the Tenant no longer qualifies for a Subsidised Rent, then the rental shall be increased to full market rent, as determined by the Landlord.

Rent Reviews. 5.1 The Rental may be reviewed to market by the Landlord on each anniversary of the Commencement Date in accordance with the provisions of the Residential Tenancies Xxx 0000Act 1986. 5.2 If, following any Rent Review the Tenant’s total household income has changed, rent will be calculated as follows: a. If the Tenant still qualifies for a Subsidised Rent, the rental shall be calculated to 80% of market rent, as determined by the Landlord, or 30% of the gross household income, whichever is the greater; or b. If the Tenant no longer qualifies for a Subsidised Rent, then the rental shall be increased to full market rent, as determined by the Landlord.