Sentences with phrase «fixed term leases»

Another important component of RESA is that the money Fred receives and holds in relation to the short term vacation rentals must not be commingled with the money he receives in relation to the fixed term leases.

In general, fixed term leases offer more protection because the details and requirements of the lease can't be changed during the term.

Tenants with fixed term leases should speak with the landlord a month before it terminates to discuss what will happen after the lease ends.

Month - to - month leases do provide some benefits over fixed term leases, but what's best for you depends on your situation and needs.

The amount of flexibility is what separates month - to - month from fixed term leases; the former automatically renews at the end of each period without the landlord or tenant having to say or do anything.

In general, fixed term leases offer more protection because the details and requirements of the lease can't be changed during the term.

This place is also available as a semi long term rental (only fixed term lease contracts).

Most of the time, a landlord and a tenant with a fixed term lease intend the lease to continue indefinitely and establish an end of the lease term primarily to give the parties an opportunity to renegotiate the terms of their mutual arrangement without either party having a status quo advantage.

Also, if you have a fixed term lease with no holdover clause, the requirement that the landlord give notice to the tenant to vacate as the landlord would have to in a month to month lease, or in a case where rent is not paid, is often waived by statue or by a common law interpretation that the lease itself provides the notice in that context.

A landlord can't just raise the rent (b / c of taxes or any other reason) if there is a fixed term lease.

During the off - season, Fred receives a percentage of the fixed term lease payments.

This is true even where the money is received in relation to the same real estate, e.g. short term vacation rental during the summer and fixed term lease during the off - season.

Management of the fixed term lease portfolio during the off - season does require licensing under RESA.

As you found out in another post you can increase rents higher than the set rate by cycling through tenants on 1 yr fixed term lease.

Not exact matches

For leases that contain predetermined, fixed calculations of minimum rentals, we recognize rent expense on a straight - line basis over the lease term.

Most equipment leases come at a fixed interest rate and fixed term to keep those payments the same every month.

Omega works to obtain contractual rent escalations under long - term leases, along with fixed - rate mortgage loans.

BizSpace offers companies all the benefits of a business premises, but without the burden of a fixed - term lease, as well as allowing them to choose from a variety of well - appointed locations and types of workspace, including a number of co-working locations.

Of course the upgrade usually comes with a new fixed term contract, but with many ICT equipment leasing programmes, schools have the flexibility to add - on extra computer equipment, or upgrade current computer equipment.

Of course the upgrade comes with a new fixed term contract, but with many ICT equipment leasing programmes, schools have the flexibility to add - on extra computer equipment, or upgrade current computer equipment.

Of course, the upgrade usually comes with a new fixed term contract, but many ICT equipment leasing programmes schools have the flexibility to add - on extra computer equipment, or upgrade current equipment.

Of course, the upgrade usually comes with a new fixed term contract, but with many ICT equipment leasing programmes schools have the flexibility to add - on extra computer equipment, or upgrade current equipment.

In these circumstances the current value on receipt of the asset should be credited to the restricted fixed asset fund account in the statement of financial activities with details of the terms of the lease included as an additional note to the fixed asset note.

Lease: Unless your lease has special arrangements, payments will generally be fixed for the entire term.

Just like mortgages, a fixed lease means the terms are locked in for the duration for the lease.

Market fluctuations have do not affect fixed mortgage payments, unlike rent payments, which are volatile and can change whenever a lease term ends.

Mississippi apartment leases can be for a fixed term, with an end date, or periodic such as month to month.

Most of it boiled down to valuing the tenants: Fix things quickly; be flexible in the terms of the lease; don't jack up the rent every year.

Once those mutual expectations are met, there is no need for a fixed term and a month to month, or autorenewing lease is fine.

The purpose of a fixed lease term is that: (1) it allows the landlord to sue for lost rent until the premises can be released if the tenant leaves early, and (2) it allows the tenant to know that they can be secure in their right to use the property so long as the tenant complies with the lease term allowing the tenant to invest (in terms of marketing, tenant finish, etc.) in the premises.

A life lease agreement occurs when a person buys the exclusive right to occupy a unit in a particular development for life, a fixed term or until the person can no longer live independently within the unit.

In Newham LBC v Thomas Van - Staden [2008] EWCA Civ 1414 the Court of Appeal recently held that «contracting out» was ineffective where a lease defined the term as a fixed period together with «any period of holding over or extension; whether by statute or at common law or by agreement».

To be a term certain the lease must be for a fixed period.

They think that «lease» refers only to agreements that are for a fixed term, for example a «one year lease», or that «lease» only applies to agreements that are in writing.

The lack of a federal lead - paint disclosure in the Nolo fixed - term lease instructions is a black mark, Neumann says.

Fixed financial obligations such as long term leases on a property can be a major burden on any firm.

Should fixed commitments, like a long term lease, become a burden on the business, speak to your landlord.

When the fixed - term lease came to an end the scheme provided for 300 points to be awarded for a short period of time.

The applicants were homeless people who were accommodated under HA 1996, Pt 7 in assured shorthold tenancy accommodation, held by a registered social landlord under a fixed - term lease of 10 years.

Those details can, of course, be changed at renewal because you'll be signing a new lease for another fixed term.

A fixed - term lease offers more security for a timeframe, but there are still questions of circumstances in which your landlord could ask you to leave.

According to Betesh, lenders were hesitant to extend a fixed - rate loan for a seven - year term because many of the current tenant leases expire within five years.

The expansion comes amid growing demand for Knotel's niche in the shared - office market: companies that have 50 to 200 employees — too big for the typical co-working environment — that want their own turnkey offices and aren't ready to commit to the kind of fixed - term leases landlords typically demand.

These include greater returns; long - term lease contracts with fixed escalation rates; finance based on the value and returns of the property and the lease contract, not on the investor's personal finances; less onerous regulation favouring tenants; and shorter bond periods which means a commercial property investment will come to maturity much earlier than a residential investment.

The Aurora master lease has an initial term of 15 years with two five - year renewal options and contains fixed annual rent escalators of 2.5 percent.

If the fix - term lease transitions into a month - to - month lease, the landlord must give 60 day written notice to terminate tenancy.

Your rent amount will be fixed depending on the terms of your lease, while your mortgage can fluctuate as can property taxes.

Step - up - lease - A lease with fixed rent for an initial term and provision for predetermined rent increases at specified intervals and / or increases based upon periodic appraisals; sometimes called a graduated lease.

If you have a fixed - term lease, then you could choose to sell once the lease expires.

At the end of the terms of the lease, you as the landlord assess the damage to the property and determine how much, if any, money is required to fix the damage.