Common use of Rental Basis Clause in Contracts

Rental Basis. The monthly rent is based on the following: (Check One) the Authority-determined flat rent for the unit (flat rent option). the income and other information reported by the Tenant (income-based rent option). Tenant may change the basis on which monthly rent is determined at the time of Tenant’s annual review. Also, if Tenant is currently using the flat rent option, then, at any time Tenant so requests, the Authority will immediately provide for Tenant to make rent payments using the income-based rent option upon making a determination that the Tenant is unable to pay current monthly rent because of financial hardship to Tenant’s household, including: (a) decrease of household income;

Rental Basis. The monthly rent is based on the following: (Check One) the Authority-determined flat rent for the unit (flat rent option). the income and other information reported by the Tenant (income-based rent option). Tenant may change the basis on which monthly rent is determined at the time of Tenant’s annual review. Also, if Tenant is currently using the flat rent option, then, at any time Tenant so requests, the Authority will immediately provide for Tenant to make rent payments using the income-based rent option upon making a determination that the Tenant is unable to pay current monthly rent because of financial hardship to Tenant’s household, including: (a) decrease of household income;; (b) increase in household expenses for medical costs, child care, transportation, education or similar items; and

Rental Basis. The monthly rent is based on the following: (Check One) the Authority-determined flat rent for the unit (flat rent option). the income and other information reported by the Tenant (income-based rent option). Tenant may change the basis on which monthly rent is determined at the time of Tenant’s annual review. Also, if Tenant is currently using the flat rent option, then, at any time anytime Tenant so requestsrequest, the Authority will immediately provide for Tenant to make rent payments using the income-based rent option upon making a determination that the Tenant is unable to pay current monthly rent because of financial hardship to Tenant’s household, including: (a) decrease of household income;; (b) increase in household expenses for medical costs, child care, transportation, education or similar items; and (c) such other hardship situations as may be determined by the Authority.

Rental Basis. The monthly rent is based on the following: (Check One) the Authority-determined flat rent for the unit (flat rent option). the income and other information reported by the Tenant (income-based rent option). Tenant may change the basis on which monthly rent is determined at the time of Tenant’s annual review. Also, if Tenant is currently using the flat rent option, then, at any time Tenant so requests, the Authority will immediately provide for Tenant to make rent payments using the income-based rent option upon making a determination that the Tenant is unable to pay current monthly rent because of financial hardship to TenantXxxxxx’s household, including: (a) decrease of household income;