"Form of Lease Certificate by Borrower" is a American Lawyer Media form. This is a form for a lease certificate by borrower.
District of Columbia Form of Lease Certificate by Borrower
State:
Multi-State
Control #:
US-RR197
Format:
Word;
PDF;
Rich Text
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How to fill out Form Of Lease Certificate By Borrower?
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FAQ
(29A) "Rent charged" means the entire amount of money, money's worth, benefit, bonus, or gratuity a tenant must actually pay to a housing provider as a condition of occupancy or use of a rental unit, its related services, and its related facilities, pursuant to the Rent Stabilization Program.
In the District, a landlord may evict a tenant only for a reason specified in section 501 of the Rental Housing Act of 1985. (D.C. Official Code § 42-3505.01(a) - (j)). Section 501(a): Nonpayment of rent (a copy of the ?Notice to Vacate? does not need to be served on the Rent Administrator, all other NTVs do).
(A) The sales price contained in the offer of sale shall be less than or equal to a price and other material terms comparable to that at which a willing seller and a willing buyer would sell and purchase the housing accommodation, or the appraised value of the housing accommodation as determined by this subsection.
Not only do you need to get a basic business license to rent out a rental property in DC, but you have to make sure you get the correct business license. If you choose to have multiple rental properties, then you'll need a business license for each individual location.
In general, a tenant's rent should not go up by more than 8.9% this year, unless the housing provider has special approval. If a tenant is 62 or older or has a disability, the rent should not go up by more than 5%, unless the housing provider has special approval.
(17) ?Tenant? means a tenant, subtenant, lessee, sublessee, or other person entitled to the possession, occupancy or benefits of a rental unit within a housing accommodation.
THE RENTAL HOUSING ACT (Statutory Law) The Rental Housing Act of 1985, as amended, effective July 17, 1985 (D.C. Law 6-10; D.C. Official Code § 42-3501.01 et seq). (?Act?), provides the statutory framework for the Rental Housing Commission, and the District's rent stabilization program.
DC Lease means the Distribution Center Lease between Distribution Land Corp.