Rent Reasonableness. Rent will be reviewed for reasonableness as compared to other rents being charged to unassisted rental units. Lease can be denied if rent is determined to be unreasonable. Rent Adjustments. 60 days notice is required to the Tenant and the LPA for reasonable adjustments. The proposed rent may be rejected. The Tenant may reject the proposed rent by providing the Landlord 30 LPA rejects the proposed rent, the program administrator must give both the Tenant and the Landlord 30 days notice of intent to terminate the Contract.
Appears in 3 contracts
Sources: Home Tbra Landlord Contract, Landlord Contract, Home Tbra Landlord Contract