Common Contracts
1 similar Section 106 Agreement contracts
MADE BETWEENSection 106 Agreement • May 19th, 2015 • Cascade
Annexe 2 of the National Planning Policy Framework to be provided in accordance with the Schedule 1 attached to this Agreement. Words such as Affordable Dwelling shall be construed in the same way. “Affordable Rental” means rent that is outside the national rent regime but is subject to other rent controls that require it to be offered to eligible households at a rent of up to 80% of local market rents (inclusive of service charge) and Registered Provider of Social Housing will be required to calculate the rent based on the Royal Institute for Chartered Surveyors (RICS) approved valuations “Affordable Selling Price” means the valuation of the freehold interest in the Affordable Unit subject to the Local Occupancy Restriction as determined by the District Valuer or such other valuer agreed in writing by the Authority and the Mortgagee in Possession in accordance with the provisions of the Agreement “Affordable Unit” means a dwelling to rent at not more than an Approved Rental i
