Market rental unit definition

Market rental unit means a dwelling unit in an eligible
Market rental unit means a Rental Unit for which the monthly rent charged is Fair Market Rent;
Market rental unit means a dwelling unit in an eligible rental building other than a qualifying rental unit.

More Definitions of Market rental unit

Market rental unit means a Dwelling Unit occupied by a tenant for Rental Purposes at market rates, as set by the Owner;
Market rental unit means a Rental Unit referred to in section 3.4, the rent for which shall be determined in accordance with Part 4.0 of this Agreement;
Market rental unit means a Rental Unit that is rented at market rates, as may be determined from time to time by the Owner and which is not an Affordable Rental Unlt;

Related to Market rental unit

  • Rental Unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • Market Rate means the rate as prevailing in the market and recommended by the Architect and as approved by the Employer on the basis of cost of materials, labour, plant etc inclusive of any tax, duty, octroi etc. at the time of execution of work.

  • Habitable space means space in a building used for living, sleeping, eating, or cooking. Habitable space does not include a heater or utility room, a crawl space, a basement, an attic, a garage, an open porch, a balcony, a terrace, a court, a deck, a bathroom, a toilet room, a closet, a hallway, a storage space, and other similar spaces not used for living, sleeping, eating, or cooking.