Examples of Rented Units in a sentence
For the purposes of this section, Rented Units includes any unit of real property which is subject to a rental agreement, whether oral or written, for residential, commercial or industrial purposes.
By using these standard rates across the study area LSH is taking a cautionary approach to affordable revenues to ensure the affordable element remains viable.Table 10: Assumed capitalised affordable revenue Tenure (without grant)Cap Rate per m2 (£)Cap rate per ft2 (£)Social Rented Units* Affordable rent rental values will be individually capped by local authorities, Dacorum displayed.
It should be noted that if a development is, or is likely to be, subject to a service charge or additional charge, then any such reasonable charge shall be included within the rent of the Affordable Housing Units, provided that in the case of Intermediate Rented Units the imposition of any such charge shall not increase the rent to a level that exceeds 100% of the published Rent Officer Local Housing Allowance then in force.
Solely for the purposes of the prevention of fraud the Contractor shall permit the Council to have access to its tenancy files where the same relate to the Nominees and the Rented Units.
While it is assumed that the uplift of affordable housing will be delivered in accordance with the original masterplan’s Section 106 (which specifies that Plots E, F and G will deliver an Affordable Housing tenure split of 60% Affordable Rented Units and 40% Intermediate Housing Units), this should be clarified.
As has been highlighted in the summary table in the previous section there are a number of assumptions adopted within the proposed appraisal (development scenario 5 - 12% affordable housing (50/50 Shared Ownership and London Living Rented Units)) which we are not in agreement with.
The Obligation secures the units as the relevant Affordable Housing tenure in perpetuity (subject to the usual proviso in respect of fully staircased London Shared Ownership Units or those exercising the right to buy in respect of the London Affordable Rented Units).
The Affordable Housing Provider will provide the Council with a timetable for the hand–over of the Affordable Rented Units at least 1 month prior to anticipated completion and first occupation of the Affordable Rented Units.
Total Number of Rented Units: Number CumulativeRental Rate – According to the American Community Survey (ACS), the median gross monthly rent in Branford in 2019 was about $1,368 per month.
JRB considered the values of the proposed Affordable Rented Units to be in the order of £185psf.