help,............

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Please explain me the following terms with examples.............

Reasonable or expected rent of hp

Annual value of hp

Standard rent of hp

Replies (1)

see anuj, there are first of all three types of rent.

1. Municipal value

2. Fair rent

3. Standard rent

the values for all these will be given.

then there is Expected rent which u need to find out.

exp rent = higher of M or F, then lower to S.R.

Now suppose MV= 10, FR=15, SR= 12

THEN E.R= 

HIGHER OF M OR F I.E. = 15

LOWER OF RESULT OR SR I.E. (15, 12) =12

THEREFORE EXPECTED RENT=12

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