Lot rent definition

Lot rent means the amount of money a homeowner pays to the community owner for the rental of the
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Lot rent means a charge assessed on a mobile home park resident for the occupancy of a mobile home lot, but does not include charges permitted under section 6238 of this title.
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Lot rent means any charge imposed on a leaseholder for rental and occupancy of a mobile home lot, unless specifically excluded by statute or rule.
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Examples of Lot rent in a sentence

  • YOUR LOAN WILL BE A MAJOR FACTOR IN DETERMINING YOUR PAYMENTS, BUT THERE ARE OTHER IMPORTANT FACTORS YOU SHOULD ALSO THINK ABOUT, SUCH AS: ■ Adjustable rate loans – If rates go up, your loan payments will go up.■ Property taxes – Changes in property valuation and changes in tax rate can result in changes in your payments.■ Insurance – If premiums increase, your payments will go up.■ Lot rent – If you are renting the lot your home is on, your rent may be subject to increase.

  • Lot rent shall be mailed to the Park Office so as to arrive on or before the first of every month.

  • YOUR LOAN WILL BE A MAJOR FACTOR IN DETERMINING YOUR PAYMENTS, BUT THERE ARE OTHER IMPORTANT FACTORS YOU SHOULD ALSO THINK ABOUT, SUCH AS:■ Adjustable rate loans – If rates go up, your loan payments will go up.■ Property taxes – Changes in property valuation and changes in tax rate can result in changes in your payments.■ Insurance – If premiums increase, your payments will go up.■ Lot rent – If you are renting the lot your home is on, your rent may be subject to increase.

  • If the arrears are paid, the amount of the arrearage must be considered when determining the total number of months of rental assistance that the household is eligible to receive.• Lot rent for mobile homes or RVs. Payments must be paid directly to a third-party on behalf of the household and must be paid one month at a time.

  • Lot rent is generally higher in larger parks than it is in smaller parks.

  • Lot rent in Schatz’s Trailer Court went from $350 a month to $750 and residences were only given a month’s notice.

  • For the R¨ossler attractor, training time series were obtained from thestandard R¨ossler ODE x˙ = −(y + z), y˙ = x + a y, z˙ = b + xz − c z with a = b = 0.2, c = 8.The evolution of this system was Euler approximated with stepsize 1/200 and the resulting discrete time series was then subsampled by 150.

  • The “Manufactured Home Rent Space” (Lot rent) payment standard was discontinued as of the Federal Register Notice dated January 18, 2017.

  • Lot rent ( owner maintenance and management charges for the space); and4.

  • Lot rent is non-refundable, and Leases are not transferable, except in approved cases where a transfer fee has been paid.

Related to Lot rent

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Base Rent As defined in Section 3.1.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Minimum Rent means the sum of Thirty-Seven Million Six Hundred Forty-Six Thousand Three Hundred Forty-Four and 00/100 Dollars ($37,646,344.00) per annum.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).