Renting or Leasing definition

Renting or Leasing a lot shall mean the granting of a right to use or occupy a lot, for a specified term or an indefinite term, whether or not rent is paid. It shall not mean or include joint ownership of a lot (by means of joint tenancy, tenancy- in-common or other forms of co-ownership), or the occupancy of a lot by any person who resides in a lot with its lot owner or a related party, whether or not rent is charged.
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Renting or Leasing a Unit means the granting of a right to use or occupy a Unit, for a specified term or indefinite term (with rent reserved on a periodic basis), in exchange for the payment of rent (that is, money, property or other goods or services of value); but shall not mean and include joint ownership of a Unit by means of joint tenancy, tenancy‐in‐common or other forms of co‐ownership.
Sample 1
Renting or Leasing an Apartment shall mean the granting of a right to use or occupy an Apartment, for a specified term or indefinite term (with rent reserved on a periodic basis), in exchange for the payment of rent (that is, money, property or other goods or services of value); but shall not mean and include joint ownership of an Apartment by means of joint tenancy, tenancy-in-common or other forms of co-ownership.
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Examples of Renting or Leasing in a sentence

  • Yes  No  If yes, please explain and provide name.What is your reason for moving?Co‐Applicant’s Present Address (check one) Renting or Leasing / I Own My Home / Other Present Street AddressApt.

  • Renting or Leasing Tangible Personal Property… page 4435.IV.5.04 Chapter 04.

  • Renting or Leasing of Tangible Personal Property Bare RentalsThe “renting or leasing of tangible personal property,” sometimes referred to as a bare rental or true lease, is eligible for the M&E exemption if all other conditions of the exemption are satisfied.

  • Bend’s Fair Housing OrdinanceThe City of Bend has enacted an ordinance related to fair housing that can be found in the Municipal Code under Equal Rights at 5.25.015 Discrimination in Selling, Renting or Leasing Real Property.

  • No commercial enterprise shall be permitted on any lot; therefore, Renting or Leasing, Subletting, Accepting Boarders, Renting Rooms or Basements is prohibited.

  • An Owner Renting or Leasing his parcel shall notify the Board of directors in writing, in advance of the start of any Lease or Rental period, of the duration of the Lease or Rental and the names of the tenants.

  • Renting or Leasing are options that will be considered under the terms of this RFP with UETN Stakeholders.

  • Renting or Leasing Tangible Personal Property page 4635.IV.5.04 Chapter 04.

  • Renting or Leasing consists of occupancy of a Unit by any person who pays the Owner of the Unit consideration for living in the Unit.

  • Review by Principal 123 Record Retention Policy 124 Student Activity Funds Policy 125 Emergency Closings & Inclement Weather 126 Reduction in Force Policy 127 School Renting or Leasing Policy 128 Board Approval of Activities Policy 129 Social Security Number Policy 133 1.

Related to Renting or Leasing

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Residential property means improved property that:-

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Agricultural property means property that is used primarily for agricultural purposes and excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use of the property for the purpose of eco-tourism or for the trading in or hunting of game;

  • occupier in relation to a property, shall mean a person in actual occupation of the property, whether or not that person has a right to occupy the property.