Sentences with phrase «lease renewal»
"Lease renewal" refers to the process of extending or continuing a lease agreement for a property. It means that the current lease is about to expire, and the tenant and landlord decide to enter into a new agreement to continue renting the property for an additional period of time. Full definition
The service provider to the health care industry signed an eight - year lease renewal for its space on the entire third floor.
therealdeal.com
Renters in that age bracket also deal with rent spikes and find themselves with few options at lease renewal time.
This is another reason why month - to - month leasing isn't as desirable a form of lease renewal.
Seeking other locations can give your a bargaining chip when negotiating lease renewal terms with your landlord.
Between regions of the country, there is some variation in lease renewal rates.
Get a jump on lease renewal by approaching your tenants 90 days before the lease is set to expire.
There is an inspection initially to establish your property as Section 8 then one a year upon lease renewal.
The most common are the monthly management fee, leasing fee and lease renewal fee.
When lease renewal time came up for Wild Ginger the landlord wanted a massive rent increase.
You can do this as leases renew by adding the provision with each successive lease renewal.
These professionals perform tasks like assessing property condition, taking photos, advertising the property, identifying potential tenants, negotiating contract terms, and handling lease renewal.
In a market with vacancies in the high double digits, start lease renewal negotiations 12 to 24 months in advance.
Each formal lease renewal is a new contract, and the landlord may add whatever terms and conditions they like to it.
Just wondering what lease renewal form / document you like to use?
If you're putting money and time into their request, it's worth getting a longer lease renewal.
Generally, with minimal notice, at lease renewal or without a lease, your rent can be increased to whatever the landlord thinks someone will pay for the apartment.
You can do this as leases renew by adding the provision with each successive lease renewal.
Each formal lease renewal is a new contract, and the landlord may add whatever terms and conditions they like to it.
Tenants in rent stabilized units are entitled to one - or two - year lease renewals with increases that are set by the Rent Guidelines Board.
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.
I'm not offering lease renewals at this time.
He specialises in all aspects of property litigation, including landlord and tenant disputes; contested lease renewals under the Landlord and Tenant Act 1954; dilapidations; building claims; insolvency; covenant issues; service charge disputes; rent recovery and lease forfeiture; party wall claims; nuisance and almost all problems affecting commercial or residential property.
The book publisher signed a five - year lease renewal for the second through 13th floors, the New York Post reported.
Claims concerning contested commercial lease renewals including seeking significant changes to a lease that prevented planning applications at a tourist venue which prevented old dilapidated outbuildings with new modern structures;
Caroline Shea QC & James Tipler consider the likely impact of a new pilot scheme on unopposed business lease renewal claims
This includes lease renewals and lease terminations.
«The value of this incomparably located property was further enhanced when the owner secured a long - term lease renewal with one of the world's top law firms,» said Joe Donato, of CBRE's Washington, D.C. capital markets team, in a statement.
He has considerable experience of advising on Landlord and Tenant Act issues arising out of lease renewals under the Landlord and Tenant Act 1954.
SAN FRANCISCO — Cushman & Wakefield represented Delta Dental in two multi-year office lease renewal transactions for the healthcare company's Northern California headquarters in San Francisco and additional offices in Rancho Cordova.
Jennifer regularly advises landlords and tenants, including individuals, corporate and public bodies on a broad range of subjects including dilapidation claims, forfeiture, possession proceedings (including squatter eviction), easements, opposed and unopposed lease renewals, operation of break clauses, rent reviews and other forms of landlord and tenant disputes.
CHICAGO — Publicis has signed an office lease renewal and expansion at 35 W. Wacker Drive in Chicago.
«Numerous constituents have contacted our offices alleging that they have been baselessly denied lease renewals, served frivolous notices to vacate, intimidated by your agents, or even threatened with disruptive construction and uninhabitable living conditions,» the officials wrote to Toledano.
«While technology companies have certainly dominated Bay Area office market headlines, these large lease renewals by Delta Dental remind us that non-tech companies also continue to be important economic drivers for the region.»
Landlord vs Tenant: Retail outlet disagreed with lease renewal rate presented by the Landlord.
Sometimes, when leases are up for renewal, people will call and purchase a Hoboken renters insurance policy and insist that the policy not start until their actual lease renewal date.
Sometimes, when leases are up for renewal, people will call and purchase a Hoboken renters insurance policy and insist that the policy not start until their actual lease renewal date.
He leads a team with a broad range of experience across the full scope of property disputes including adverse possession claims, squatter evictions, compulsory purchase, easements, wayleaves and other third party rights, dilapidations claims, lease renewal litigation, the operation of break clauses, possession claims and housing law litigation.
Payment and lease renewal options: You obviously won't be renting out a property without hammering out the financial details.
Acting for the landlord of retail premises in Mayfair in lease renewal proceedings.
If a tenant is paying $ 300 per sq. ft. on a lease that was negotiated during a period of record high rents, then a correction in market pricing will likely lead to rent reductions during lease renewals, Brod notes.
In addition to the sizeable San Francisco lease, McGranahan, Anderson and Executive Director Chris Strain from the Cushman & Wakefield Sacramento office represented Delta Dental in a 156,080 - sf lease renewal at 11125 and 11155 International Drive in Rancho Cordova in Sacramento County.
The 20 - year lease renewal commences in November 2013 covering floors 2 - 6, 20 and a portion of the building's concourse level.
New York's highest court has considered whether a landlord's acceptance of a Section 8 rent subsidy required the landlord to continue accepting the vouchers for future lease renewals.
First, the court found that the Form did alter state law because it removed that automatic lease renewal term required by state law unless a tenant had explicitly requested the renewal provision, among other things.
- ft., 15 - year lease renewal puts PSEG at the property through 2030.
The commission structure for securing lease renewals is now identical to that of new leases.
It's a powerful tool for keeping your community in the spotlight, building strong resident relationships that may pay off at lease renewal time, and showing new prospects why they consider your property for their next apartment home.