Examples of Owner/Occupant in a sentence
Further, in respect of the Owner-Occupant, the alternative accommodation may be limited to the area presently under his occupation.
For the Owner-Occupant, since he will not be paying any rent based on the area occupied by him (in comparison with the actual rent being paid by the tenant in the same building or similar buildings in the same locality) the standard rent based on the rateable values fixed by Municipal/Revenue Authorities for tax purposes may be treated as the original rent for the purpose of this insurance.
Cover may be permitted to the tenant as also to the Owner-Occupant.
Owner-Occupant shall mean any person who is purchasing the property which is the subject of the deferred second mortgage loan.
Thirty (30) days prior to delivery of the treatment unit to the site for installation, the Company shall provide to the Approving Authority a copy of a signed contract for a minimum period of one year with a Company approved Operator and the initial Owner/Occupant of the property.
Contractor/Agency contact information is located on this Agreement under the section entitled, “Contractor/Agency Assurance.”13.I may retain the replacement energy conservation measure installed by the CSD weatherization program(s) if the replaced appliance was my personal property .I CERTIFY THAT I am the Owner-Occupant or Tenant residing in the dwelling listed above that serves as my primary residence and that all given statements are true and correct to the best of my knowledge.
Owner-Occupant Restrictions: The PHA cannot assist applicants who own or have a financial interest in the dwelling unit they intend to rent.
If these promises are broken you could be subject to various penalties that are described in the Owner-Occupant Law and in this Affidavit.
EXPLANATIONAdditional Rent: If the insured is the Owner-Occupant, the additional rent borne by him is arrived at after deducting the standard rent of the premises from the actual rent paid for the alternative accommodation.
We further understand that if we violate or fail to comply with the Owner-Occupant Law, we shall be subject to a civil penalty of up to $10,000, or fifty per cent of the net proceeds received or to be received from the sale, lease, rental, assignment or other transfer of the designated unit, whichever is greater.