Sentences with phrase «lease extensions of»

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.

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.

Todd P. Garrett CCIM, SIOR represented Palms Preferred Properties, LLC in the lease extension of 2,00 sf industrial space located at 4663 Franchise Street, Suite 105 in North Charleston, South Carolina, to Palmetto Furniture Solutions, Inc..

Todd P. Garrett CCIM, SIOR represented Palms Preferred Properties, LLC in the lease extension of 2,400 sf industrial space located at 4663 Franchise Street in North Charleston, South Carolina, to Rainbow International of Charleston.

Jeremy Willits represented the landlord, 5900 Core Avenue, LLC in the lease extension of a 10,763 sf office space located at 5900 Core Avenue in North Charleston, South Carolina to DEA.

David Mantek and Vitré Stephens represented the landlord, James Island Center LLC, in the lease extension of a 1,800 sf restaurant space located in James Island Center at 1739 Maybank Hwy in James Island, South Carolina, to Barberitos.

Todd P. Garrett CCIM, SIOR represented 3614 Ashley Phosphate Road, LLC in the lease extension of 5,000 sf of industrial space located at 3170 Stanton Court, Suite A in North Charleston, South Carolina, to Charleston Import Automotive.

Todd P. Garrett, CCIM, SIOR represented 756 St. Andrews Blvd. LLC in the lease extension of a 2,100 sf industrial space located at 7187 Bryhawke Circle, Suite 100 in North Charleston, South Carolina, to Custom Canvas of Charleston, Inc..

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.

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.

The decrease in gross margin was the result of lower portfolio margins from a higher mix of operating leases and higher transaction taxes, partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.

Silver says since agreeing to a lease extension in August, the county changed its position on a number of items, including upgrades to the stadium.

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.

Following the intervention of Borough President Diaz, Barnes & Noble and Prestige Properties have agreed to a two - year extension of their current lease, averting the expected closure of the store in January, saving 50 jobs and allowing both companies more time to develop a long - term agreement.

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.

Obama will visit the Gulf again on May 28 and ordered today an extension of a moratorium on new offshore drilling in all U.S. waters until the end of the year as well as cancelled planned lease sales.

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.

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

Because the work there has been so exceptional, the city council recently approved a two - year extension of the lease of 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.

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.

Lease extensions are often used in lieu of signing a new lease.

The ruling endorses the decision of the Court of Appeal last year preventing landlords from claiming extra sums in the form of «hope value» in house claims and lease extension claims.

This problem is adding to the issue of expensive lease extensions.

Section 39 (1) of LRHUDA 1993 confers the right to a lease extension on a «qualifying tenant of a flat».

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.

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 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.

Those involved in negotiating and drafting commercial leases which are intended to be excluded from LTA 1954 should therefore avoid using any words of extension in defining the term of the Lease.

Critical to the decision of the Court of Appeal was the wording of cl 1 of the lease which set out the term granted in the following way: «from and including 1 January 2003 to 28 September 2004 (hereinafter called «the term» which expression shall include any period of holding over or extension of it whether by statute or at common law or by agreement)...» Rimmer LJ, who gave the only substantive judgment in the case, referred to the words in brackets in this clause as «the words of extension».

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.

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».

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).

The successful candidate should have a wealth of experience in handling freehold and leasehold sales and purchases, re-mortgages, transfers of equity, lease extensions, registered and unregistered titles and new builds.

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.

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 judgment is the first of its kind by an Ontario court directly addressing the issue of a landlord's option to impose a current standard form lease on a tenant exercising an extension.

Prior to the signing of the lease extension, Mr. Morgan (negotiating on behalf of the Appellant) emails the Respondent (represented by its Vice President and General Manager, Mr. Bédard) and advises he has «one question left».

He has worked on a variety of high profile assignments, including cases involving surveyors as «owners» under environmental protection notices, sale by council at less than full value, assured tenancies and rent increases, lease extension: signature by attorney; and right of first refusal — definition of building.

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.

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.

In this case, note that it states «This Cosigner Agreement shall remain in full force and effect throughout the term of the lease period regardless of any extensions and / or changes in terms unless specified otherwise in writing by Landlord».

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.

So big landlords, who were always in the business of selling lease extensions, can carry on almost as usual, but under a more advantageous tax regime.