Sentences with phrase «lease extensions on»

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).

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.

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.

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.

Honda has just announced they will offer a 2 year lease extension on the 2013 and 2014 Fit Electric Vehicles.

In each case, the freeholder opposed the lease extension on the ground that the head lessee was not a «qualifying tenant» under the Act.

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

Not exact matches

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.

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.

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.

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.

An eight - speed automatic replaced the original six - speed in 2016, giving the old eight - cylinder a slight extension on its lease on life.

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.

Victoria has a broad commercial property background including landlord and tenant matters, disposals and acquisitions, lease extensions, property management and assisting clients on general commercial real estate law.

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.

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».

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.

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.

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.

We have wide experience of advising landlords on collective enfranchisement claims, lease extensions, freehold acquisitions and rights of first refusal.

Our specialist team has unrivalled experience in the disposal of freeholds and lease extensions, having worked on several leading cases that have established important legal principles on enfranchisement.

s 24IC: the renewal, re-grant, re-making or extension of leases, licences, permits or authorities granted on or before 23 December 1996, or a renewal re-grant etc under s 24IC or a lease etc created under s 24 GB, 24GD, 24GE or 24HA.

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.

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.

Month - to - month leasing usually signifies the tenant plans on leaving soon; they just want a brief extension of their lease.