Renting or Leasing definition

Renting or Leasing a lot shall mean the granting of a right to use or occupy a lot, for a specified term or an indefinite term, whether or not rent is paid. It shall not mean or include joint ownership of a lot (by means of joint tenancy, tenancy- in-common or other forms of co-ownership), or the occupancy of a lot by any person who resides in a lot with its lot owner or a related party, whether or not rent is charged.
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Renting or Leasing a Unit means the granting of a right to use or occupy a Unit, for a specific term or indefinite term (with rent reserved on a periodic basis), in exchange for the payment of rent (that is, money, property or other goods or services of value); but shall not mean and include joint ownership of a Unit by means of joint tenancy, tenancy- in-common or other forms of co-ownership.
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Renting or Leasing an Apartment shall mean the granting of a right to use or occupy an Apartment, for a specified term or indefinite term (with rent reserved on a periodic basis), in exchange for the payment of rent (that is, money, property or other goods or services of value); but shall not mean and include joint ownership of an Apartment by means of joint tenancy, tenancy-in-common or other forms of co-ownership.
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Examples of Renting or Leasing in a sentence

  • If Renting or Leasing children’s name is listed on the lease as living in the household8.

  • Management: 8% of rent beginning with the 2nd month of tenancy (Standard Program) with minimum PM fee $160/month.2. Renting or Leasing: 25% of one month's rent for the first month or first prorated period of tenancy.

  • Renting or Leasing of Tangible Personal Property Bare RentalsThe “renting or leasing of tangible personal property,” sometimes referred to as a bare rental or true lease, is eligible for the M&E exemption if all other conditions of the exemption are satisfied.

  • Renting or Leasing Tangible Personal Property… page 4435.IV.5.04 Chapter 04.

  • Renting or Leasing: Renting or leasing equipment or land can avoid financial risk associated with loans.

  • Renting or Leasing: The customer pays for a service or to use a product for a fixed period of time.

  • Yes  No  If yes, please explain and provide name.What is your reason for moving?Co‐Applicant’s Present Address (check one) Renting or Leasing / I Own My Home / Other Present Street AddressApt.

  • Renting or Leasing consists of occupancy of a Unit by any person who pays the Owner of the Unit consideration for living in the Unit.

  • Renting or Leasing Permitted Equipment In the case that equipment covered under this permit is rented or leased, this permit shall be provided by the owner to the renter or lessee, and the renter or lessee shall be bound by this permit's provisions.

  • Occupancy Restrictions: Renting or Leasing: Homeowners are responsible to inform renters/leasers of all rules and/or changes in the rules.

Related to Renting or Leasing

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Leasing means the rental, leasing, or financing under operating leases, finance leases or hire purchase or rental agreements, of property, whether real, personal, tangible or intangible.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Residential property means improved property that:-

  • the Premises means the building or part of the building booked and referred to in the contract

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Personalty means all of the following:

  • Occupy means to make expenditures to alter or repair a vacant facility equal to at least twenty per cent of the market value of the facility prior to such expenditures, as determined for the purposes of local property taxation.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Real means, in the context of offset projects, that GHG reductions or GHG enhancements result from a demonstrable action or set of actions, and are quantified using appropriate, accurate, and conservative methodologies that account for all GHG emissions sources, GHG sinks, and GHG reservoirs within the offset project boundary and account for uncertainty and the potential for activity- shifting leakage and market-shifting leakage.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from section 9 of the MPRA, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use of the property for the purpose of eco-tourism or for the trading in or hunting of game;

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as land and buildings at St Michael's Church of England High School, Xxxxxx Xxxx, Xxxxxxx, Xxxxxxxxxx XX0 0XX and registered under title numbers LAN81463 and LAN97788;

  • occupier in relation to a property, shall mean a person in actual occupation of the property, whether or not that person has a right to occupy the property.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • business premises means the “premises” on which a “business” is conducted, property rented in whole or in part to others, or held for rental.