Rent ceiling definition

Rent ceiling means the maximum allowable rent which a landlord may charge on any rental unit covered by this chapter.
Sample 1Sample 2Sample 3
Rent ceiling means the maximum rent allowed for calculating the Housing Benefit, as determined by BC Housing from time to time and outlined in Schedule G.
Sample 1
Rent ceiling means the limit on the maximum allowable rent which a landlord may charge on any controlled rental space.
Sample 1Sample 2

Examples of Rent ceiling in a sentence

  • Further Return to Question 151-14(4): Rent Ceiling for Income Support Clients XXX.

  • The Adjusted Rent is the amount used to caDRAFT lculate the Housing Benefit, and is the lesser of the rent paid or the Rent Ceiling, based on household size and location in British Columbia as indicated by zones, as determined by BC Housing from time to time.

Related to Rent ceiling

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Rent As defined in Section 3.1.

  • Base Year means the period set forth in Section 5 of the Summary.

  • School premises means either of the following:

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.