MR 1.1

MR Credit 1.1

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Tenant Space: Long-Term Commitment

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

 

PTS 1

Do Condominium ownerships satisfy the credit requirement?
YES
The requirement does not stipulate a relationship between the start of the lease period and the ____________________ activities.
project construction
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.
10
Tenant
is one who pays to occupy land or space that is owned by someone else.
Owner
is an entity that owns land, a space or a building that is used either by themselves or by another.
Occupant
is the entity that uses the project space either by leasing or owning.