Question
How is rent calculated if a holder’s use is in the "other" category and there are multiple tenants in his facility?
Answers
When there are tenants in a building and the building owner’s use is in the "other" category, base rent would be established for the highest value use (HVU) in the facility, plus 25% for additional uses. The building owner’s "other" use would not contribute to rent in this situation. However, if the same holder had no tenants, his "other category use" would form the basis for rent at the scheduled rate.   Your Comment




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