market rent


Also found in: Financial, Encyclopedia.

market rent

n
(Economics) (in Britain) the rent chargeable for accommodation, allowing for the scarcity of that kind of property and the willingness of tenants to pay
Mentioned in ?
References in periodicals archive ?
LOSS to Lease (LTL) is the difference between the full market rent and the actual rent specified in a lease or rental contract.
This allows tenants to sublet at "market rent" - even where the relevant lease states that subletting must be at the higher of either the market rent or the then passing rent.
These would provide the opportunity for licensees to partially or fully opt out of tied arrangements combined with an independently assessed market rent.
does Cardiff council have any plans to consult in order to charge a market rent to those who are in receipt of high income or allowance while occupying council-owned property?
The revised guide states that when a RCS rent is above 110 percent of the Small Area Fair Market Rent (SAFMR) for a metro area or regular Fair Market Rent (FMR) for a non-metro area, an appraiser must provide additional information concerning the percentage of market-rate properties in the area with rents above the FMR or SAFMR benchmark.
Instead Midland Heart wants to offer the properties at intermediate market rent levels, 80 per cent of the going rate, designed for working families priced out of housing.
The impact on value of a leased fee estate becomes meaningful if the contract rent is substantially above or below market rent, or if occupancy is significantly different from stabilized market rates (but greater than zero).
All current residents have a right to remain in the property so long as they pay the new market rent.
In certain rental hot spots, HUD will increase subsidies to voucher-holders by increasing the so-called Fair Market Rent.
As some rents will have been set as much as five years ago, the current market rent of some properties, particularly those in less advantageous locations, may well now be lower than the passing rent.
If we proceed from the assertion that appraising the fee simple value is the appropriate methodology, then how should market rent be treated?
The housing wage is the amount a person working full time has to earn to afford a two-bedroom rental unit at fair market rent with no more than 30 percent of the income being spent on shelter.

Full browser ?