TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ratchet clause [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1996-10-09

English

Subject field(s)
  • Legal Documents
  • Real Estate
OBS

provides that, during subsequent rent reviews, the rent to be charged may be higher than the current rent, should fair market values rise, but may never be lower than the current rent, even if fair market values fall.

French

Domaine(s)
  • Documents juridiques
  • Immobilier

Spanish

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