Broad Rental Market Area definition

Broad Rental Market Area means an area as defined in Paragraph 4 of Schedule 3B to the Rent Officers (Housing Benefit Functions) (Scotland) Order 1997 (SI 1997/1995) as amended by the Rent Officers (Housing Benefit Functions) Amendment (No 2) Order 2008 (SI 2008/3156);
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Broad Rental Market Area means the broad rental market area determined under article 3 of the Rent Officers Order 2013;
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Broad Rental Market Area means an area -
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Examples of Broad Rental Market Area in a sentence

  • This means rents were previously calculated on the median (50th percentile) of rents in Broad Rental Market Area (BRMA).

  • The Kent representative of the National Landlords’ Association provided the Group with information (see below) about the distribution of rents for the Medway and Swale Broad Rental Market Area.

  • Setting the rent level for Broadwater Lodge at the Outer North London Broad Rental Market Area rate (LHA subsidy rate).

  • In the meantime, as the raw data collected used in IPHRP is representative of the full range of local market rents in each Broad Rental Market Area it seems acceptable to assume that the IPHRP series consists of a broadly similar split.

  • The changes were: • The removal of the five-bedroom rate.• Removal of the £15 a week excess.• Setting LHA rates at the 30th percentile of local rents in each Broad Rental Market Area (BRMA), rather than the median.• The introduction of weekly caps for each property size.• The extension of the age threshold for the Shared Accommodation Rate for single people from age 25 up to 34.

  • For schemes in Runwell or if postcode starts with SS, then use South West Essex LHA bedroom rates.Note - Valuation Office Agency Rent Officers determine the LHA for each category by calculating the 30th percentile of a list of rents within every Broad Rental Market Area.

  • This means rents were previously calculated on the median (50percentile) of rents in Broad Rental Market Area (BRMA).

  • Also, recent guidance produced by the Scottish Government around setting annual rents for Intermediate Rent properties, basis the level of rent on the fiftieth percentile point of market rent levels for the property size in question in that Broad Rental Market Area.

  • To approve the rent level for shared facility rooms at Broadwater Lodge to be set at the one bedroom Outer North London Broad Rental Market Area rate (Local Housing Allowance subsidy rate).

  • Members raised concerns about the extension of the Broad Rental Market Area (BRMA) for York into rural parts of the East Riding of Yorkshire and parts of Selby, which may result in a lower median rent, and the impact this would have on York where rents were higher than these areas.

Related to Broad Rental Market Area

  • Relevant market area means as follows:

  • Market Area means any location or geographic area within 75 miles of a location where the Company or its Affiliates conducts Business, or has plans to conduct Business of which Executive is aware, during the period of Executive’s employment with the Company.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • Peak Market Activity means a measure of exposure for which credit is required, involving peak exposures in rolling three-week periods over a year timeframe, with two semi-annual reset points, pursuant to provisions of Tariff, Attachment Q, section V.A. Peak Market Activity shall exclude FTR Net Activity, Virtual Transactions Net Activity, and Export Transactions Net Activity.

  • Metropolitan Area means that area within a radius of fifty kilometres from the Perth Railway Station.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Real-Time Market has the meaning set forth in the CAISO Tariff.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • metropolitan municipality means a municipality that has exclusive executive and legislative authority in its area, and which is described in section 155 (1) of the Constitution as a category A municipality;

  • Public area means any portion of a state or municipal building that is open to and accessible by the public or which is otherwise designated as a public area by the governing body or the chief administrative officer, if no governing body exists, of such building.

  • Public space means any real property or structures thereon that are owned, leased, or controlled by a governmental entity.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.

  • Individual market means the market for health insurance coverage offered to individuals other than

  • Transient space marketplace means a marketplace or travel agency through which a person may offer transient accommodations to customers and through which customers may arrange for occupancies of transient accommodations. "Transient space marketplace" does not include a marketplace or travel agency that exclusively offers transient accommodations in the State owned by the owner of the marketplace or travel agency.

  • Urban area means Maricopa and Pima counties, excluding Tribal Lands.

  • Market Measure Business Day means a day on which:

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • Open Market Rent means the yearly open market rent without any deductions whatsoever at which the Leasehold Area might reasonably be expected to be let as a whole on the open market with vacant possession at the Relevant Review Date by a willing lessor to a willing lessee (which expression “willing lessee” shall for the avoidance of doubt include the lessee) and without any premium or any other consideration for the grant of it for a term equal to the length of the Term remaining unexpired at the Relevant Review Date or a period of fifteen years from the Relevant Review Date whichever is the longer and otherwise on the same terms and conditions and subject to the same covenants and provisions contained in this Lease (other than the amount of the rent payable hereunder but including provisions for the review of rent in the same form as this Lease at similar intervals): (i) assuming: (A) that the Leasehold Area is at the Relevant Review Date fit, ready and available for immediate occupation by the willing lessee so that they are immediately capable of being used by the willing lessee for all purposes required by the willing lessee that would be permitted under this Lease, and in calculating the Open Market Rent it shall be assumed that the willing lessee has enjoyed whatever rent concessions are being offered in the open market for fitting out purposes and that all Utilities and other facilities necessary for such occupation are connected to and immediately available for use at the Leasehold Area; (B) that no work has been carried out to the Leasehold Area by the Lessee or its predecessors in title during the Term, which has diminished the rental value of the Leasehold Area; (C) that if the Leasehold Area or any part it has been destroyed or damaged, it has been fully re-built and reinstated; (D) that the Leasehold Area is in a good state of repair and decorative condition; (E) that all the covenants on the part of the Lessor and the Lessee contained in this Lease have been fully performed and observed; (F) that the Leasehold Area may be used for the Permitted User or any licence granted pursuant to it; (ii) but disregarding: (A) any effect on rent of the fact that the Lessee or its predecessors in title have been in occupation of the Leasehold Area or any part of it; (B) any goodwill attaching to the Leasehold Area by reason of the business then carried on at the Leasehold Area by the Lessee or its predecessors in title; (C) any effect on the rental value of the Leasehold Area attributable to the existence at the Relevant Review Date of any works executed by and at the expense of the Lessee (or any party lawfully occupying the Leasehold Area under the Lessee) with the consent of all relevant persons where required in on or to the Leasehold Area ;

  • Metropolitan statistical area means a metropolitan statistical area or a pri- xxxx metropolitan statistical area es- tablished by the Office of Management and Budget.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Garage, public means a building or portion thereof, designed other than as a private garage, operated for gain, designed and/or used for repairing, servicing, hiring, selling or storing or parking motor-driven or other vehicles.

  • exempt market dealer means a person or company registered in the category of exempt market dealer;

  • Capitol hill complex means the grounds and buildings within the area bounded by 300 North Street, Columbus Street, 500 North Street, and East Capitol Boulevard in Salt Lake City.

  • Reference Market-Maker means a leading dealer in the relevant market that is selected in a commercially reasonable manner and is not an affiliate of either party.

  • Reference Market-makers means four leading dealers in the relevant market selected by the party determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same city.

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;