Local Occupancy Restriction definition
Local Occupancy Restriction means the restrictions upon occupation of the
Local Occupancy Restriction. Means the restrictions upon Occupation of the Dwelling(s) imposed by this Agreement.
Local Occupancy Restriction means the restrictions imposed by this Agreement on the ownership and occupation of the Dwelling “Local Plan” means the Local Plan (First Alteration) adopted by the Authority under the Act of 1990 on the 1st day of March 2005 “Mortgagee in Possession provisions” means the provisions set out in Schedule 1 2 to this Agreement “National Park” means the Exmoor National Park “Nominee” means a person or body nominated by the Authority to acquire the Affordable Housing in its place pursuant to Part A or Part B of Schedule 2 “Obligations” means the planning obligations contained in the Schedules hereto; “Persons Who Satisfies The Local Occupancy Definition” means a person who cannot afford to rent or buy accommodation in the locality on the open market and who: (i) is currently resident in the Defined Area and will have been so resident permanently and continuously during the period of 10 years immediately preceding the proposed Sale or Letting of the Affordable Unit to him or her and is either forming a household for the first time or is currently homeless or living in otherwise unsatisfactory accommodation; or (ii) is not currently resident in the Defined Area but has a strong local connection with the parish or an Adjoining Parish, including a period of permanent and continuous resident of 10 years or more within the last 20 years; or (iii) has an essential need to live close to another person who is currently resident in the Defined Area and will have been so resident permanently and continuously during the period of 10 years immediately preceding the proposed Sale or Letting of the Affordable Unit to the first such person, such essential need arising from the proven age of either such person or from medical reasons relating to either such person; or (iv) needs to live close to his or her place of work in the Defined Area “Plan” means the plan attached hereto; “Planning Permission” means the planning permission to be granted by the Authority pursuant to the Application and the expression Planning Permission shall include all approvals granted thereunder; “Registered Provider of Social Housing” means such organisation registered by the Regulator of Social Housing in accordance with Part 2 of the 1998 Act or if such bodies cease to exist or are superseded the equivalent body whose objectives include the provision of Affordable Housing
Examples of Local Occupancy Restriction in a sentence
The said tenancy agreement must comply with the terms of this Deed and in particular must include inter alia, (a) a clause prohibiting any assignment or sub-letting in breach of the Local Occupancy Restriction and (b) a rent review clause that does not conflict with the provisions of this Deed, (namely that any reviewed rent must not exceed the Target Rent at the time of review).