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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>Reasonable expected rent governs gross annual value: use municipal value or fair rent, capped by standard rent.</h1> Computation of reasonable expected rent selects the higher of municipal value or fair rent; if a property is covered by the Rent Control Act, reasonable expected rent cannot exceed the statutory standard rent. Municipal value is the assessment by local authorities for municipal taxation; fair rent is the rent fetched by similar properties in comparable localities; and standard rent is the maximum legally recoverable rent under Rent Control.

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