1. This would entitle the tenant to have a new tenancy at the then prevailing market rent. 2. The periodic review to market rent is the most common form of rent review clause found in occupational business leases. 3. He added that because of the price at which the complex had been acquired, they could also lease space at below market rents. 4. Larger owners say they are not trying to force longtime renters to pay market rents all at once. 5. Obviously, there is no single market rent for New York City. 6. Pataki and Bruno said the combination of factors would bring three-quarters of all apartments to market rents the first time they became vacant. 7. The best he could get was a one-time option to expand, at market rents, in the sixth year of the lease. 8. The federal program provides rent subsidies, making up the difference between what a family can afford and what is deemed the fair market rent. 9. The market rents make it possible to cover maintenance payments due to the co-op from the entire inventory. 10. The parents and children then enter into a lease agreement that gives the parents the right to continue living in the house at a fair market rent. |