Sentences with phrase «lease by the tenant»

The court held that a default on a lease by the tenant produced by the real estate broker did not affect the broker's right to recover commission.

In 1996, Quadrant, owner of a space leased by the Tenant, informed the Tenant that it wanted to buyout the remainder of the Tenant's lease.

Andover Retail Services, Inc. v. Lincoln Metrocenter Partners, L.P. (279 A.D. 2d 269)- summary judgment dismissing brokers claim affirmed; where brokerage agreement provided that landlord would be relieved of its obligation to pay installment payments on commission upon a termination of the lease by tenant, the broker was not entitled to installment payments after landlord and tenant entered into a surrender and cancellation agreement of the lease, even though surrender and cancellation agreement provided for payment from landlord to tenant

Not exact matches

A tenant would move into the Alcoa Building, and we'd get paid by the developer for doing plans to determine the space tenants needed, which helped get the lease signed.

Given the time and cost involved, most landlords will be reluctant to sue a tenant that is forced by circumstances to break a lease, says Fried.

Tenants need to understand that these costs are always baked into the lease's value by the landlord.

Because of its leasing arrangement with the state of New York, SolarCity acted as a tenant of the facility, meaning that the property and equipment purchased with state funds was owned by the state through the SUNY Polytechnic Institute.

Total estimated annual income rises to $ 100,322 from $ 88,332 due to three main factors: 1) I increased the rent of my single family house (Rental Property 1) after spending about a month trying to find new tenants after my old tenants decided to cut the lease short by 1.5 months.

Accompanying the suite itself is a tablet - based application designed by FOX that allows a leasing agent to literally design a future tenant's office on - the - fly, helping to secure the lease and ensuring that a client can receive a move - in - ready solution in days, rather than in weeks or months.

She said she expects the company to have its speculative buildings 80 percent leased by the end of the year, but is keeping an eye on the lack of expansion from smaller tenants.

It re-leased 181 properties with expiring leases (by the end of Q3» 17), out of which 164 were to same tenant (89 %).

The first is the company's very consistent and dependable stream of rental revenue and AFFO generated by STORE's highly diversified collection of long - term leases, from high - quality tenants.

However, it's led by a management team with 35 years of experience in the industry, having built three previous triple net lease REITs (tenants pay all taxes, maintenance, and insurance costs) with a total of 9,100 properties.

An ordinance has been drafted by the Metropolitan Tenants Organization that would require all apartments in the city to be inspected when leased to a new tenant to catch lead hazards and require landlords to abate.

Tenants in rent stabilized units are entitled to one - or two - year lease renewals with increases that are set by the Rent Guidelines Board.

Tenants have also reported baseless denials of lease renewals, systematic intimidation by agents of the management company and frivolous orders to vacate.

A class - action lawsuit has been filed by the Legal Aid Society on behalf of tenants in two Sunset Park apartment buildings who alleged that the landlord discriminated against them and made them prove citizenship before agreeing to renew their leases.

The supplemental increase forced those tenants to pay an additional $ 45 for one - year leases and $ 85 for two - year leases and was called a «poor tax» by its opponents.

One bill would have allowed landlords to raise rents by as much as 20 percent when tenants died and their family members wished to take over the lease.

When a tenant moves into a vacant rent regulated apartment, the landlord is allowed to bump up the allowed rent by 20 percent on a two - year lease, a process commonly referred to as a «vacancy bonus.»

In a letter sent by certified mail, Stewart Glenn of Newburgh, the family's longtime lawyer, pointed out the state's lease with the Port Authority specifically prohibits the tenant from changing the airport's name for the duration of the lease.

These buildings that received these 421 - a benefits are subject to rent regulation; the apartments must be registered; owners must provide rent - regulated leases to the tenants; and annual rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization Law.

The Rent Stabilization Association has also gone to court to challenge a decision last year by the Rent Guidelines Board, for a second straight year, to bar a rent increase on one - year leases for tenants in rent - stabilized apartments.

Onondaga County Comptroller Robert Antonacci on Wednesday criticized the county's convention center for leasing parking spaces at a substantially below - market rate to tenants of a downtown office building owned by one of County Executive Joanie Mahoney's biggest donors.

Under state and city rent regulations, tenants can continue renewing the lease in their rent - stabilized apartments for as long as they use it as a primary residence, and landlords can increase rent only by an annual percentage set by a city board.

«As New York City grows and rents skyrocket we hear far too many stories of tenants who are threatened, menaced and harassed by unscrupulous landlords who want to put out long - time residents in favor of gaining newer, more lucrative leases,» she said.

Landlords would be required to give small business tenants in storefront spaces notice of their intentions 180 days in advance of the end of a lease, followed by a

Brewer proposed legislation, with City Council Small Business Committee Chair Robert Cornegy, to dramatically depressurize the commercial lease renewal process for small businesses by instituting a mandatory negotiation and mediation period for storefront tenants and landlords.

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).

On April 30, it will become mandatory for most residential landlords to use a 13 - page standardized lease agreement, recently unveiled by the provincial government in hopes of protecting tenants from being tricked by lengthy agreements rife with illegal clauses and language that is hard to understand and often winds up in litigation.

Aron is one of the co-founders of TheSquareFoot, an online platform that simplifies commercial real estate leasing by connecting prospective tenants with landlords, brokers, and other service and product providers.

Aron: TheSquareFoot (http://www.thesquarefoot.com) is an online platform that simplifies commercial real estate leasing by connecting prospective tenants with landlords, brokers, and other service and product providers.

By the way, when screening tenants, people who already have renters insurance tend to be better risks than those who would need to buy a policy to comply with the Glendale Renters Insurance requirement of your lease.

The only caveat is you must act responsibly by paying your rent on time and otherwise being a respectful tenant, as your cosigner is liable for the lease terms.

The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 4,900 real estate properties owned under long - term lease agreements with regional and national commercial tenants.

In fact, according to a report by TransUnion, nearly half of all landlords use credit checks to decide whether or not to lease to a potential tenant.

Credit reports are also used by landlords when selecting tenants for renting an apartment or leasing a house.

REIT dividends have been reasonably steady and reliable, since for most REITs, their income is derived from rents paid by tenants who sign long - term leases on commercial property or from interest payments from financing commercial properties.

Some landlords require tenants to carry a renters insurance policy as a provision in their lease; however, no U.S. state requires the coverage by law.

You must abide by not only the landlord Tenant Act, but also the terms of the lease under the previous home owner.

1) Residential apartments and homes — You can start by renting additional space or rooms in your home or you can invest in an additional property which can be leased to tenants.

Credit Tenant Leases, which are secured first by the lease payments, and secondarily by the building.

And while bricks - and - mortar retail is a shaky industry at the moment, Federal Realty diversifies its risk by leasing to non-retail tenants such as gyms and movie theaters.

A drop box at the leasing office allows tenants to make on time payments by simply depositing an envelope in the box.

The space is leased to 15 tenants from a diverse range of industries such as telecommunications, information technology and financial services, with an average lease to expiry (by gross rental income) of about 6.7 years

For the owner, by doing a lease option, the tenants are helping to make the mortgage payment each month.

(B) Except in the normal performance of duty as a mobility or signal aid, this paragraph does not prevent the owner of a housing accommodation from establishing terms in a lease or rental agreement that reasonably regulate the presence of guide dogs, signal dogs, or service dogs on the premises of a housing accommodation, nor does this paragraph relieve a tenant from any liability otherwise imposed by law for real and personal property damages caused by such a dog when proof of the damage exists.

I know that there's laws that protect tenants but she has broken her lease by taking these cats in.

By portraying yourself as an honest tenant, preparing yourself for your tenancy up front, educating yourself on your lease terms and rules, and making reasonable requests using the proper channels, it is very likely that you will have a happier and more successful relationship with your landlord and a more pleasant stay in your rental property!

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