§ 16.12.040. Fair rental value.  


Latest version.
  • Property shall be leased for a fair rental value. Fair rental value means the highest price described in terms of money for which the property would rent, if exposed for rent for a reasonable time in the open market, for use permitted by the city.

(Ord. 86-03-04-02 § 45.10.050 (part): prior code § 45.60.040)