market rent

(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 ?

assured tenancy

References in periodicals archive ?

GPR averaged $6,634 ($7.65 per square foot) annually This is 20 percent under the $8,335 per unit ($9.51 per square foot) for their market rent counterparts.

2001 Income and Expense Survey

This statement 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 passing rent.

Good time to look for temporary let; PROPERTY BRIEFING RICHARD FREEMAN-WALLACE

It is likely that this would result in a longer time to lease the vacant space and ultimately, a lower market rent.

Risk and reasonableness for nonmarket occupancy--a second look during a recession

Operating expenses in subsidized properties were close to those for market rent properties.

Market shows modest softening, according to NAA's income & expense survey. (Building Blocks)

Second, the article does not state or imply, and I do not believe, that a fee simple estate is equivalent to the physical real estate being leased at market rent. In fact, Leslie Sellers and I did a presentation on this very issue at the 2016 Appraisal Institute Annual Conference; quoting from one of my slides used in the presentation, '"As if leased at market rent' is NOT a proxy for fee simple." Finally, while I agree that in a given situation it may not be necessary to separately allocate the present value of excess rent when appraising a leased fee interest (there can be no excess rent in a fee simple estate), I believe that it is always necessary to identify the existence of this non-realty asset when communicating the results of the assignment.

"Is excess rent intangible?"

If we proceed from the assertion that appraising the fee simple value is the appropriate methodology, then how should market rent be treated?

Comments on "you can't get the value right if you get the rights wrong"

Since lenders will underwrite to market rent as a maximum, one doesn't get credit in the NOI for any rents above market that a property may be obtaining; therefore, we were falling far short on the requested loan proceeds.

How brokers can prepare a building for financing

Reporting of the data is composed of 2,349 market rent properties containing 633,331 units and 700 subsidized properties containing 98,161 units.

NAA's Income and Expense Survey Results

Even if the lease is at market rent, the fee does not necessarily equal the leased fee.

You can't get the value right if you get the rights wrong

Tenants won a major concession from landlords last year when the British Property Federation ( which includes some of the UK's largest property owners ( said its members were to allow sub-letting at the market rent on all new leases.

Tenants are in for a better deal today

Scale economies for total operating expenses measured on a dollars-per-unit basis did exist for the market rent garden properties with individually metered utilities.

INCOME AND EXPENSE REPORT

Estimated rental value is market rent. Rent passing or passing" rent is contract rent.