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Rates Government Rent 1. Legislation Rating Ordinance (Cap. 116, Laws of Hong Kong) Government Rent (Assessment and Collection) Ordinance (Cap. 515, Laws of Hong Kong) 2. Nature Tax levied on property Rent payable under Government land lease 3. Basis of Assessment Rateable Value(subject to revaluation) Rateable Values(subject to revaluation) 4.
The supplements make up the difference between rental "market price" and the amount of rent paid by tenants, for example 30% of the tenants income. A notable example of a rent supplement in the United States is Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ).
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...
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Rent prices rose 7.45% year over year in November, according to the latest available data from the Rent Report, the slowest annual rise over the last 15 months. Still, this increase is more than ...
Rent will also be adjusted to account for the difference in time between the rent commencement date and the valuation reference date, to reflect any rent-free periods and to deduct any other charges such as for the hire of furniture during the lease term. This adjusted rental information will be scrutinised and analysed by valuation staff.
R = the annual amount of the rentcharge (or, as the case may be, the rent to which section 20(1) of the Landlord and Tenant Act 1927 applies) to be redeemed; Y = the maturity rate, expressed as a decimal fraction, of the “over-30-, not over 30.5-year” National Loans Fund interest rate published by the UK Debt Management Office; and