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Park 100 Investors, Inc. v. Kartes
Park 100 Investors, Inc. v. Kartes

... believed that the document they were signing was a lease, and reasonably relied upon Scannell’s statements to their detriment. The evidence and testimony presented at trial supports these findings and conclusions. A guaranty of lease was never discussed during the lease negotiations, and the lease ...
Punitive Damages and the Residential Tenancies Act
Punitive Damages and the Residential Tenancies Act

... Because Judge LeGrandeur found that the conduct of the landlord was not high-handed, outrageous or egregious enough to justify an award of punitive damages (at para 72), he did not say much about the requirement for an independent actionable wrong. What he did say, however, was almost the opposite o ...
Overview of IFRS
Overview of IFRS

... lessee in return for a payment or series of payments the right to use an asset for an agreed period of time. 2. A finance lease is a lease that transfers substantially all the risks and rewards incident to ownership of an asset. 3. An operating lease is a lease other than a finance lease. 4. A non-c ...
rental contract - St. James Westminster
rental contract - St. James Westminster

... The lessor and the lessee agree that the rental of the premises is for the time stipulated only, and does not extend beyond that time for any purpose. Any property belonging to the lessee that is not removed from the property of the lessor by the lessee at the end of the rental term and that is left ...
1 Build-to-Suit Leases Pre-Construction and Construction
1 Build-to-Suit Leases Pre-Construction and Construction

... that it is non-binding and may be withdrawn or modified at any time. The preparers of the RFP, the Tenant business representatives and their legal advisors, want to craft a document that will elicit complete and informative responses. The description of the project must be clear. Specialized needs s ...
PDF
PDF

... inputs cost sharing. It was also expected that restrictive tenancy legislations shall prompt large number of landowners who are engaged in non-farm activities to keep their land fallow. To what extent the above mentioned changes are actually taking place in different regions of the country with vary ...
management bulletin
management bulletin

... from the landlord about the termination. It must include an exact end date and clearly show the landlord that is ending their contract. The notification must come from the person or entity identified in the landlord contract as the authorized contact. This notification must include a record of the t ...
Accounting for Leases
Accounting for Leases

... than the fair value at the date the option becomes exercisable(normally at the end of lease term). c) the lease term is for the major part of the economic life of the asset even if title is not transferred; d) at the inception of the lease, the present value of the minimum lease payments amounts to ...
COMMERCIAL REAL ESTATE Property Types
COMMERCIAL REAL ESTATE Property Types

... Because tenants establishing a retail business (or branch store) have their own set of start-up expenses—and sometimes require particular improvements to a space—they often negotiate leases of relatively long terms, usually also with renewal options. While these leases will still typically have esca ...
Service Charge – case study
Service Charge – case study

... The replacement of the existing wooden windows. It is proposed that these would be replaced with windows with uPVC frames which may constitute an improvement to those which are currently in place. Some of the most recent leases provide that the landlord can recover the cost of improvements through t ...
Chapter 1: An Introduction to Corporate Finance
Chapter 1: An Introduction to Corporate Finance

... Convenience ...
Poland - TENLAW
Poland - TENLAW

... Commission is generally dependent on completion of the transaction, which makes the agent strongly induced to achieve that end. It would be against the law to stipulate that agent remuneration will still be payable if the client manages to enter into a contract by him- or herself, without the agent' ...
I have just finished reading the December 2, 2011 article in the NY
I have just finished reading the December 2, 2011 article in the NY

... Times: “Most leases are for three or five years, but at least two-thirds of those reviewed by The Times allow extensions without additional approval from landowners. If landowners have second thoughts about drilling on their land or want to negotiate for more money, they may be out of luck.” Respons ...
25 Lease Analysis
25 Lease Analysis

... Regardless of whether the equipment is purchased or leased, Susan Baker, the firm's financial manager, does not think it will be used for more than four years, at which time Environmental's current building lease will expire. Land on which to construct a larger facility has already been acquired, an ...
Exhibit B – Agent Services Evaluate Managed Properties and
Exhibit B – Agent Services Evaluate Managed Properties and

... Agent shall maintain checking accounts for Managed Properties, including an operating account and an account for security deposits. Agent shall deposit all income from Managed Properties into its operating account and shall pay all expenses associated with the Property out of the operating account. ...
18. Ijarah
18. Ijarah

... leased asset is to be used for permissible purposes other than its common utilization according to the customary practice. ...
Form of Authority for Multiple Properties
Form of Authority for Multiple Properties

... wish Blue Bubble Lettings Limited to act on my /our behalf in the same manner for all of our property instructions. I/we confirm that I/we are the sole/joint owners of the Properties upon which we instruct Blue Bubble Lettings to act and have the right and, where necessary, permission to instruct Bl ...
Gearing Capital Funding
Gearing Capital Funding

... Lending transactions are analysed according to transaction specific credit (and other) risk. More capital must be allocated to more risky deals. Pricing is partially determined by he amount of capital required – the higher the capital the higher you have to price to achieve the same ROE/ROC. If the ...
TO LET CREATIVE INDUSTRIES UNIT 104 sqm
TO LET CREATIVE INDUSTRIES UNIT 104 sqm

... licence fee includes rent, service charge and insurance premium together with an additional charge to reflect the flexible nature of the occupation i.e. occupation under ‘easy in/easy out’ terms. The licence fee excludes business rates, water rates and all other outgoings. ...
School Considerations for Entering a Lease Facility for Information
School Considerations for Entering a Lease Facility for Information

... The below is designed to be a useful guide to help Schools identify whether Leasing is the best option for their School. You should speak with the equigroup who would be happy to discuss your school’s specific requirements and help you make the right decision as well as answer any questions you may ...
Finance Circular 2006/xx
Finance Circular 2006/xx

... Lease incentives received are recognised as a reduction of rental expense over the lease term on a straight-line basis unless another systematic basis is more reflective of the time pattern of the lessee’s benefit (Interpretation 115.5). ...
Finding Business Resources to Grow Your Company
Finding Business Resources to Grow Your Company

... One form of business resources is a cash injection into the business to be used for additional equipment, manpower and/or facility expansion. When a review of a number of years of financial records shows steady growth in profit, the business is deemed suitable for consideration for additional busine ...
Chapter 21 Glossary
Chapter 21 Glossary

... bargain-purchase option An option that allows a lessee to purchase the leased property for a price that is significantly lower than the property’s expected fair value at the date the option becomes exercisable. At the inception of the lease, the difference between the option price and the expected f ...
How the new Special Claims Processing Guide Changes
How the new Special Claims Processing Guide Changes

alternative energy supplies
alternative energy supplies

... mean that each time the lease came to an end, the supplier would be entitled to apply for a fresh lease and the owner of the premises could only defeat that application if they fell within one of the exceptions in the legislation. For example, if they were intending to redevelop the lands and requir ...
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Lease

A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset.Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset, the lessee obtains the right to use the asset in return for rental payments.The narrower term rental agreement can be used to describe a lease in which the asset is tangible property. Language used is that the user rents the land or goods let or rented out by the owner. The verb to lease is less precise because it can refer to either of these actions. Examples of a lease for intangible property are use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider).The term rental agreement is also sometimes used to describe a periodic lease agreement (most often a month-to-month lease) internationally and in some regions of the United States.
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