Common use of Initial Lease Term Clause in Contracts

Initial Lease Term. Enter first date and last date of initial lease term. The initial lease term must be for at least one year. However, the PHA may approve a shorter initial lease term if the PHA determines that: Such shorter term would improve housing opportunities for the tenant, and Such shorter term is the prevailing local market practice.

Appears in 8 contracts

Sources: Housing Assistance Payments Contract, Housing Assistance Payments Contract, Housing Assistance Payments Contract

Initial Lease Term. Enter first date and last date of initial lease term. The initial lease term must be for at least one year. However, the PHA may approve a shorter initial lease term if the PHA determines deter- mines that: o Such shorter term would improve housing opportunities for the tenant, and o Such shorter term is the prevailing local market practice.

Appears in 4 contracts

Sources: Housing Assistance Payments Contract (Hap Contract), Housing Assistance Payments Contract (Hap Contract), Housing Assistance Payments Contract (Hap Contract)

Initial Lease Term. Enter first date and last date of initial lease term. The initial lease term must be for at least one year. However, the PHA may approve a shorter initial lease term in itial le ase te rm if the PHA P HA determines that: o Such shorter term would improve housing opportunities for the tenant, and o Such shorter term is the prevailing local market practice.

Appears in 4 contracts

Sources: Housing Assistance Payments Contract, Housing Assistance Payments Contract, Housing Assistance Payments Contract

Initial Lease Term. Enter first date and last date of initial lease term. The initial lease term must be for at least one year. However, the PHA may approve a shorter initial lease term if the PHA determines that: * Such shorter term would improve housing opportunities for the tenant, and * Such shorter term is the prevailing local market practice.

Appears in 1 contract

Sources: Lease Agreement