Sentences with phrase «for lease extensions»

In broad terms, there are two elements that make up the compensation for lease extensions and enfranchisements:

The landlords claimed the ability to increase rent to fair market value (rent increase dispute in excess of $ 1,000,000 per year for lease extensions for the next ten years).

For the time being, it is likely that property with leases below 80 years remaining will continue to suffer a more limited demand in the sales market — spurring most leaseholders into negotiations for lease extensions prior to marketing.

Your Co-Signer Agreement should include information like: who is the landlord; the name (s) of the tenant (s); when the original lease was signed; the rental property's location; the co-signer's name, driver's license and social security number; whether the co-signer will be responsible for any lease extensions or modifications; and any other special provisions.

If commissioners put the referendum proposal on the Nov. 7 ballot, their next step will be to ask the DuPage County Forest Preserve District for a lease extension on the property.

I know of no determination by the LVT awarding hope value for a lease extension in addition to MV, so Sportelli has had no effect on that front.

Florida law on lease extensions states that a broker is only entitled to a commission for a lease extension if the lease is, in fact, extended.

Not exact matches

Without a lease extension or an option to buy the land, you're left with a deal that has to pay for itself in less than 12 years.

In exchange for the lower rent, landlords requested lease extensions of three months to one year — something Nicholas was happy to do because she didn't want to move anyway.

HPFS gross margin decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix of operating leases and higher transaction taxes, the effect of which was partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.

Chicago Park District officials are preparing to negotiate in earnest with the Chicago Bears for a Soldier Field lease extension, but they will not try to impose onerous terms on the team, General Supt. Forrest Claypool hinted Tuesday.

Singh also claims that he bribed Mayor Bill de Blasio with campaign cash for favors that included a lease extension on Water's Edge, but prosecutors last year declined to charge de Blasio, who has vehemently denied the bribery allegations.

Buoyed by Cuomo's renewable energy plan and the extension of federal tax credits, solar companies are blanketing rural areas with mailings seeking leases on farmland for solar arrays spanning 20 acres or more.

Chief among the recommendations was easing the lease renewal process through legislation that would institute a mandatory, nonbinding negotiation and mediation period for store tenants and landlords, with the option of a one - year lease extension with no more than a 15 percent rent increase.

It agreed to lease the land to Fort Schuyler for 20 years, at $ 217,000 a year, starting Aug. 29, 2015, with two five - year extensions allowed at the end of the 20 years.

When its 15 - year lease of the building expired recently, the school district did not exercise its option for a 10 - year extension.

«We've seen over 100 applications for new leases,» said Don Webster, an aquaculture specialist with the University of Maryland Extension and chairman of the Maryland Aquaculture Coordinating Council.

Any type of equipment can be leased but typically it is a single expensive item such as a photocopier, or several items which operate together as a system, such as a telephone switchboard and the handsets for each of the extensions connected.

Earn up to $ 5,000 off a BMW Financial Services loan or lease, toward BMW FS lease mileage extensions or «excess wear and tear,» or for BMW dealership parts, service, accessories or merchandise.

Large - scale redevelopment plans for Boyle Heights — such as the 2009 Metro Line extension, 6th Street Bridge revitalization plans and USC Biotech Corridor proposal — were already underway well before we signed the lease on Mission Road.

The Court of Appeal allowed the tenant's appeal on the apparently broad grounds that a lease could only be excluded from LTA 1954 if it was for a term of years certain and the words of extension in cl 1 of the lease in question, including any period of holding over or extension in the definition of «the term», meant that the lease did not create a term of years certain.

Rimmer LJ summed up his reasoning at para 23 of his judgment saying: ``... I favour the view that [the words of extension] had the effect of defining the term as including any period of holding - over or extension... The lease created a tenancy for a term of years certain until 28 September 2004 plus, by the words of extension, any further period of holding - over or extension of it on one or other of the bases referred to... I can not see how a term of that nature can be regarded as a tenancy for a «term of years certain».

She has acted for clients in landlord and tenant matters, boundary and easement disputes, disrepair and breach of covenant claims, forfeiture actions, business tenancy and residential possession proceedings, lease extension and enfranchisement proceedings as well as boundary and easement disputes.

The Judge awarded the Appellants costs of a lease extension for alternative accommodation, and removal and storage costs, due to inter alia the Respondent's delay in completing the works.

Not only does the work cover enfranchisement and lease extension for house and flat leases, it also deals in considerable detail with the valuation.

These were the decisions in the celebrated Sportelli litigation, probably the most important case on valuation and enfranchisement since 1967; another decision that establishes that a head lease can be a qualifying lease for flat lease extension purposes; a decision on the scope of the landlord's right to resist claims where the current lease has less than five years to run and the landlord needs possession in order to redevelop and yet another decision on the correct approach to be taken in determining whether a building is a house or not.

The tribunal also concluded that the sales prices being achieved were hopelessly corrupted by the influence of previous tribunal determinations on the purchase prices for statutory lease extensions or for freeholds: those prices, in effect, determined what purchasers would pay for the reversion, which made the evidence circular and therefore worthless.

It meant they would have to pay much more for their freeholds or their lease extensions than they would have had to pay beforehand.

It has even been possible, in one case, for the head lessee of a large mansion block in east London to claim statutory lease extensions on all 28 of the flats within the building — Maurice v Hollow - Ware Products Ltd [2005] 2 EGLR 71, [2005] EWHC 815 (Ch), [2005] All ER (D) 254 (Mar).

Rechler declined to confirm the costs, but said a comparison is «apples to oranges» because the new lease is at a much higher rent and runs for 15 years, much longer than the five - year extension it replaces.

The agreement includes a $ 40,000 Location Grant and a two - year performance incentive of 15 percent for a three - year lease (July 2013 — July 2016), with an additional two - year performance incentive of 15 percent if an additional three - year lease extension (July 2016 — July 2019) is executed.

In those cases, Mullaney said, a chain could ask the landlord to lower lease costs in exchange for an extension.

For example: «Because property taxes, maintenance costs and insurance costs increase every year the monthly rental rate will increase at 3 % upon renewal or extension of the lease.»

Looks like Green Residential found a great tenant for us, and the tenant just signed a lease extension for another year!

OAK BROOK, ILL. — Retail Properties of America Inc. (RPAI) has completed multi-year lease extensions among its wholly - owned subsidiaries and Aon Corporation for approximately 819,000 sq. ft. in Lincolnshire...

The Lease Renewal or lease extension form is to be used as a template in order for you to process renewals quickly and easily.

189 DOS 99 Matter of DOS v. Naftal - listing agreements; deposits; unauthorized practice of law; vicarious liability; amendment of pleading to conform to the proof; improperly altering listing agreement without the consent or knowledge of principal to show the potential commission split with buyer's broker to meet MLS requirements; preparing and submitting fraudulent MLS change notifications purporting to extend and alter listings; deposit of escrow funds into operating account; preparation of lease constitutes the unauthorized practice of law; pleadings may be amended to conform to the proof and encompass a charge not stated in the complaint where the issue has been fully litigated by the parties and is closely enough related to the stated charges that there is no surprise or prejudice to the respondent; continuing to offer properties for sale after preparation of forged listing extensions violates 19 NYCRR 175.10; DOS fails to establish violation of 19 NYCRR 175.12 for failure to provide copy of listing extension where extension was not authorized by principal; DOS fails to demonstrate demand for unearned commission where broker may have believed they were entitled to a commission; broker's licenses suspended for one year and thereafter until such time as restitution in the amounts of $ 5,000.00 and $ 2,055.40 is made

Many times the original leases were signed years ago and the landlord never asked for a new lease or extension.