Sentences with phrase «lease extension if»

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.

80 % of new build flats are not sold with onerous ground rents, most new build flats are given RPI linked reviews which are by no means onerous and easy to buy out via a formal lease extension if required.

Not exact matches

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.

But, Patrick87 rightly notes that it isn't clear if the form in question is legally binding lease extension, or simply constitutes an expression of present intent that you retain the right to change your mind about.

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.

If the lease extension is successfully obtained, you have the legal right to be granted a new lease with a term equal to the remainder of the term under your existing lease plus a further 90 years.

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.

Upon renewal or in any lease extension add an increase of a percentage and add amend the agreement at that time (if it wasn't done in the original) that at every lease extension or renewal rent will increase by a set percentage.