Initial Occupancy definition

Initial Occupancy means when a new tenant occupies a Unit regardless of whether it was previously rented;
Initial Occupancy means:
Initial Occupancy means the first night a person pays for the use or possession of or for the right to the use or possession of a room or space at the Headquarters Hotel or, the hotel constructed by the Company under Section 4(a) of the Lease, whichever occurs first.

Examples of Initial Occupancy in a sentence

  • Increase in Household Income after Initial Occupancy of LIHTC Units.

  • If consistent with the state’s disclosure rules, similar access to the workpapers for the compliance monitoring review can be helpful to owners; e.g., clarifying facts or preparing relevant evidence to resolve issues.Chapter 4 Category 11a‌Household Income Above Income Limit upon Initial Occupancy Definition This category is used to report units that have been rented to households with incomes that do not meet income eligibility restrictions.

  • Buyer shall transfer all utilities into Buyer’s name and be solely responsible therefore and the Buyer shall hold Seller harmless from all charges after Buyer’s Initial Occupancy Date.

  • Upon initial occupancy of a completed Supportive Housing Project, the Recipient shall obtain and validate from each Proponent, the Project Initial Occupancy Report, as described in Schedule “D”, and submit it to the Province.

  • The interview is also used as a vehicle to provide information about the application and verification process, as well as to advise the family of other FH services or programs for which the family may be available.Applicants will be required to complete an Application for Initial Occupancy packet which may be mailed to the applicant in advance to complete.Being invited to attend an interview does not constitute admission to the program.

  • Budgets are required for all occupied developments even if not yet financially closed into "management." This period of occupancy, prior to the closing from development into management, is called Initial Occupancy Period (IOP).

  • CHA Leaseholder Housing Choice and Relocation Rights Contract 10/1/99 and the CHA Relocation Rights Contract for Families with Initial Occupancy after 10/1/99 (the Contract) will apply only to families as defined and covered in the General Purpose Section of the Contract.

  • Affirmative Fair Housing Marketing Plan: Plan Type: Choose an item.NOTE: If Amended is selected in question 2a(1), answer questions 2–5 below; if New, proceed to 2bDate of the first Approved AFHMP: Enter DateReason(s) for current update:Click here to enter text.Date of Initial Occupancy: Enter Date Are you seeking to remarket the project?☐ YES.

  • Assisted units must be leased to qualified households who must disclose their annual household income at initial occupancy on an Initial Occupancy Statement by Tenant form (other, more detailed income certification forms may be acceptable).

  • Authorities frequently need assistance in formulating IOP (Initial Occupancy Period) budgets and often ask what level of non-utility costs is typical for c.667, c.


More Definitions of Initial Occupancy

Initial Occupancy means for the purposes of the Program, after the Project is Placed into Service, at least ninety percent (90%) of the Development is occupied within 12 months of the Project Completion date.
Initial Occupancy means the period beginning with the date on which the developer is granted permission by the local government to begin occupancy and ending on the date 95 percent occupancy is attained.
Initial Occupancy means the first night a person pays for the use or possession of or for the right to the use or possession of a room or space at the Hotel Project.

Related to Initial Occupancy

  • Certificate of Occupancy means a certificate issued pursuant to subdivision (b) of section 7 of this local law.

  • Permitted Occupier means any person on the Premises for any period expressly or by implication with the Tenant’s authority or permission.

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or property.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Substantial Completion Date means the date on which Substantial Completion occurs.