Shared Flashcard Set

Details

MR 1.1
Tenant Space: Long-term Commitment
7
Environmental Studies
Professional
08/12/2008

Additional Environmental Studies Flashcards

 


 

Cards

Term

MR Credit 1.1

Tenant Space: Long-Term Commitment

Definition

Occupant must commit to space for a minimum of 10 years- own or rent

 

PTS 1

Term
Do Condominium ownerships satisfy the credit requirement?
Definition
YES
Term
The requirement does not stipulate a relationship between the start of the lease period and the ____________________ activities.
Definition
project construction
Term
The credit requirements are satisfied when the project area is either owned by the occupant or is currently included in a lease with a term of not less than ___ years.
Definition
10
Term
Tenant
Definition
is one who pays to occupy land or space that is owned by someone else.
Term
Owner
Definition
is an entity that owns land, a space or a building that is used either by themselves or by another.
Term
Occupant
Definition
is the entity that uses the project space either by leasing or owning.
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