Common use of Rent Reasonableness Clause in Contracts

Rent Reasonableness. The Recipient must disapprove a lease if the rent is not reasonable, based on rents that are charged for comparable unassisted rental units.

Appears in 2 contracts

Sources: Tenant Based Rental Assistance Award Agreement, Home Investment Partnerships Program Tenant Based Rental Assistance Award Agreement

Rent Reasonableness. The Recipient Subrecipient must disapprove a lease if the rent is not reasonable, reasonable based on rents that are charged for comparable unassisted rental units.

Appears in 1 contract

Sources: Home Investment Partnerships Program Subrecipient Housing Program Agreement