Residential Rental Property. The Borrower hereby represents, as of the date hereof, and covenants, warrants and agrees as follows:
Residential Rental Property. The Borrower hereby acknowledges and agrees that the Project will be owned, managed and operated as a “qualified residential rental project” (within the meaning of Section 142(d) of the Code) until the expiration of the Qualified Project Period. To that end, and for the term of this Regulatory Agreement, the Borrower hereby represents, as of the date hereof, and covenants, warrants and agrees as follows:
Residential Rental Property. The “Residential Rental Property” is the residential rental home or residential rental unit for which the Landlord and Tenant have a rental arrangement pursuant to a Lease. See Article 3, Paragraph B for more detailed information on the Residential Rental Property.
Residential Rental Property. Notwithstanding anything contained in this Mortgage to the contrary, if the Mortgaged Premises are occupied or are used as a residential rental property, the Mortgagor represents and warrants to the Mortgagee that with respect to the Mortgaged Premises, except as permitted under laws applicable to residential housing: no demolition, conversion, renovation, repair or severance has taken place with respect to any part of the Mortgaged Premises;
Residential Rental Property. The Owner hereby represents, covenants, warrants and agrees as follows:
Residential Rental Property. The Authority and the Borrower hereby declare their understanding and intent that, during the term of this Agreement, each Project is to be owned, managed and operated, as a “project for residential rental property” as such phrase is utilized in Section 142(d) of the Code and as a “qualifying housing development” as defined in Section 159.603(6), Florida Statutes. To that end, the Borrower hereby represents, covenants, warrants and agrees separately with respect to each Project that:
Residential Rental Property. The Purchaser hereby acknowledges and agrees that during the Term of this Condominium Agreement:
Residential Rental Property. The lessee pays a deposit to the lessor at the beginning of the lease and returns it when the property is returned to the landlord. The deposit may be forthlosing if the tenant cancels the lease or eviction. It can be deducted if there is damage at the end of the lease, except for normal wear and wear. State maximum ($) Return of alabama statute 1 month rent 60 days end date and possession delivery § 35-9A-201 Alaska 2 month rent 14 days if tenant leaves on time, 30 days, unless § 34.03.070 Arizona 1.5 month rent 14 days after the removal check (except. weekends and public holidays) § 33-1321 Arkansas 2 months rent 60 days after the termination of the tenancy § 00-00-000, § 00-00-000 California 2 month rent (unfurnished) , 3 months rent (furnished) 60 days from the date of removal 1950.5 Colorado limit No 1 month , if mentioned in the lease, 2 months, if not § 00- 00-000 &xxx; § 00-00-000 Connecticut 1 month rent is 62 years or older, 2 months rent, if the younger 30 days from the date of the move or 15 days after receiving the tenant's new address § 47a-21 Delaware 1 month rent for 1 year rental. No limit to everyone else. 20 days from the end date Section 25§ 5514 Florida No restriction 30 days, if deductions, 15 days if there are no deductions in Section 83.49(3)(a) Georgia No 1 month from the end date § 44-7-34 Hawaii 1 month's rent (excluding pet fee) 14 days from the end date § 521-44 Idaho No 30 days, if stated in the lease agreement, 21 days if not § 0-000 Xxxxxxxx No restriction for 30 days if deductions , 45 days if no deductions 765 ILCS 710 Indiana No
Residential Rental Property. The Purchaser hereby acknowledges and agrees that during the Term of this Condominium Agreement: The Property shall at all times be used as Residential Rental Property, provided, however, the foregoing prohibition shall not prohibit (i) the construction of any new improvements on any Unused Property which will contain Units which may be subject to a Condominium Conversion, or (ii) following a casualty that results in the destruction of all or any portion of the Improvements existing on the date of this Condominium Agreement, the construction of any new improvements on the Property which will contain Units which may be subject to a Condominium Conversion in replacement of such damaged Improvements, provided that damaged Improvements shall be razed to below grade prior to the construction of any new improvements. Purchaser shall not undertake a Condominium Conversion. No part of the Property will at any time be owned or used as a cooperative housing corporation or stock corporation. The Purchaser hereby covenants to include (which may be accomplished by reference to the recording information for this Condominium Agreement) the requirements and restrictions contained in this Condominium Agreement in any documents transferring any interest (other than a leasehold interest to an individual tenant) in the Property to another person to the end that such transferee had notice of, and is bound by, the requirements and restrictions hereof, and to obtain the agreement from any transferee in the form of Exhibit I attached hereto (the “Assumption Agreement”) requiring said transferee to abide to all the requirements and restrictions contained in this Condominium Agreement. The preceding sentence is subject to 0 hereof.
