Sentences with phrase «lease extension with»

When the lease expired in 2000, the same broker negotiated a lease extension with the tenant.

«Securing a long - term lease extension with Profil provides added stability to the building's leased rate, currently 100 percent, which significantly outpaces the local submarket,» he said in a statement.

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.

Not exact matches

That could comfortably support a lower price of $ 2.5 million to $ 3 million, he says, but only with a lease extension.

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.

With the company's 645,000 square feet in the building set to expire in 2018, the tenant signed an early lease extension on the 361,000 square feet it wanted to retain.

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.

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.

«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.

Lease extension Allows you to extend the terms of your lease, with the same monthly payments.

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.

She deals with all aspects of residential property transactions, with an emphasis on complex high value transactions including enfranchisement, lease extensions, development structuring and landlord and tenant work.

Leasehold enfranchisement is a complicated area of law that gives you the right to purchase the freehold of your house under the Leasehold Reform Act 1967, or under more current legislation, particularly the Leasehold Reform Housing and Urban Development Act 1993, to seek a lease extension of your flat or to collectively enfranchise and buy the freehold with your co-tenants.

Rimmer LJ considered, at para 21, the alternative view that as at the date of the grant of the lease any purported extension was a matter of uncertainty and that the lease should be read as a grant of a term of years certain with the tenant entitled to vacate as of right on the expiry of that term.

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.

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».

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.

A detailed examination of the law and the valuation house lease enfranchisement and lease extension claim follows, with detailed accounts of the different issues that have to be considered from which house leases qualify and what can sometimes be a difficult question of whether a particular building is a «house» or not.

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

Our lease extension lawyers will always seek to negotiate settlements with freeholders, however where this is not possible our lawyers are experienced in settling disputes in the First - Tier Tribunal (Property Chamber).

Sam's Club has 5.5 years remaining on its base lease term, with three five - year extension options remaining and a percentage rent increase clause tied to the store's gross sales.

Company executives began initiating lease extension talks with tenants in anticipation of the downturn three years ago.

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.

Extend their lease with this lease - extension form — without going through the process of signing an entire new lease.

In a sale - leaseback deal, corporations sell real estate they own and then rent the properties back from the buyers under a long - term net lease — roughly 15 or 20 years — with extension options.

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