vacancy decontrol. definition

vacancy decontrol.. This means that the landlord can re-rent a unit at the market rate when the tenant moves out voluntarily or when the landlord terminates the tenancy for nonpayment of rent.
vacancy decontrol. means a system of controls on the price at which residential rental units may be offered for rent or lease
vacancy decontrol.. ’ means a system of controls on the price at which residential rental units may be offered for rent or lease which permits the rent to be increased to its market level, without restriction, each time a vacancy occurs. ‘‘Vacancy decontrol’’ includes systems which reimpose controls on the price at which residential rental units may be offered for rent or lease upon rerental of the unit.

More Definitions of vacancy decontrol.

vacancy decontrol. means that, with each vacancy, the landlord can charge the new, incoming tenant a market-rate rent. Effectively, each vacancy equals the loss of an affordable unit.

Related to vacancy decontrol.

  • Vacancy means the absence of a person to serve in any position created by

  • Office of the Interconnection Control Center means the equipment, facilities and personnel used by the Office of the Interconnection to coordinate and direct the operation of the PJM Region and to administer the PJM Interchange Energy Market, including facilities and equipment used to communicate and coordinate with the Market Participants in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Vacant Site Disconnection means the De-energisation of an ICP that occurs when the property at which the ICP is located has become vacant, and the Trader has changed the status of the ICP in the Registry to "Inactive";

  • Exit Management Date means each of the following:

  • casual vacancy means a vacancy occuring otherwise than by efflux of time in the office of a councillor or in any other elective office and “casual election” means an election held to fill a casual vacancy;