Sentences with phrase «obligation of the property owner»

With these options, investors can reap the rewards of rent from the property's tenants, benefit from the real estate's appreciation, and take comfort in their portfolio's diversification into an alternative, but tested asset class — all without the ongoing responsibilities of building maintenance, landlording, and other obligations of property owners.

It is the obligation of the property owner to ensure that the proper safety precautions are taken to facilitate the security of all occupants.

The three - judge panel ruled that the state's lead - based paint law only pertains to the obligations of property owners and managers and does not apply to leasing agents whose sole responsibility is to procure a tenant, provided that proper lead - paint disclosures were made.

Not exact matches

In his sharpest critique yet of scofflaw landlords, Mayor Bill de Blasio said it's «outrageous» that thousands of New York City property owners accepted tax benefits from the city in exchange for limiting rent increases but did not live up to their obligations.

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

Being an owner of the property puts that obligation on you.

Under Florida's premises liability laws, a business, property owner or possessor has several legal obligations to provide security to individuals who enter their establishment for the purpose of business.

Approval of $ 1.375 million in EPA Fines Highlights Importance of Commercial Property Owners Complying with Environmental Reporting Obligations

In Florida, landlords and owners of property have a responsibility and an obligation to keep their land, apartments, establishments and other property safe and secure.

The Court of Appeal decided that, as a general rule, unless there is a statutory requirement to the contrary, where a person wishes to serve notice relating to a particular property on its owner, their obligation to make reasonable enquiries went no further than to search the proprietorship register to ascertain the owner's address.

In Eugene Volokh's opinion, the core debate «is over whether the «public use» requirement of the Takings Clause means (1) «the taken property must be owned by the government, or sold by the government to a common carrier that has the legal obligation to serve everyone» or (2) «the taken property must be used by the government as a means of benefiting the public, even if the government benefits the public by selling the property to a private property owner.»

Property owners have a legal obligation to maintain the safety of their premises to prevent injury to visitors, and if you are injured due to negligent property maintenance, you may be entitled to compeProperty owners have a legal obligation to maintain the safety of their premises to prevent injury to visitors, and if you are injured due to negligent property maintenance, you may be entitled to compeproperty maintenance, you may be entitled to compensation.

While these laws vary, the basic underlying fact of them is similar regardless of where you live: property owners have an obligation to keep their land and the buildings on top of it safe for authorized visitors and those with business...

The owner or occupier of any property has a legal obligation to make sure it is reasonably safe for those who are lawfully on the property.

-- Owners of residential, commercial and public property have an obligation to provide a safe environment to pedestrians and visitors.

Thus, there can be only two sources of a trust obligation: the intention of a property owner to create a trust; or the imposition by the law of a trust obligation upon persons: Waters at p 478.

These standards place property owners under obligation to take reasonable care in maintaining a safe environment throughout the property for the safety of any legal visitor or occupant.

Property owners and occupiers are under obligation to first warn of then remedy any problem with the property that can result inProperty owners and occupiers are under obligation to first warn of then remedy any problem with the property that can result inproperty that can result in injury.

«It also is well settled in our jurisprudence that there is an affirmative duty on owners and possessors of property: «to exercise reasonable care for the safety of persons reasonably expected to be on the premises * * * includ [ing] an obligation to protect against the risks of a dangerous condition existing on the premises, provided the landowner knows of, or by the exercise of reasonable care would have discovered, the dangerous condition.»

Your slip and fall lawyer in DC can help you to prove the extent of responsibility the property owner had and can help you to show that the property owner should be held responsible for failing to live up to basic safety obligations.

168 (1) A leasehold condominium corporation shall, on behalf of the owners, exercise all rights and perform all obligations of the owners with respect to the leasehold estate in the property.

While these laws vary, the basic underlying fact of them is similar regardless of where you live: property owners have an obligation to keep their land and the buildings on top of it safe for authorized visitors and those with business there.

Whether you are a current boat owner or just considering purchasing your own boat or watercraft, you'll want to make sure your personal property and legal liability obligations are properly protected in the event of a boating accident.

Unclaimed property is generally defined as a liability that a company («holder») owes to an individual or entity («owner») when a debt or obligation remains outstanding after a specified period of time.

Each time you submit a User Submission, you represent and warrant that, as to that User Submission, (A) you are the sole author and owner of the intellectual property and other rights to the User Submission, or you have a lawful right to submit the User Submission and grant Gigaom the rights to it that you are granting by this Agreement, all without any Gigaom obligation to obtain consent of any third party and without creating any obligation or liability of Gigaom; (B) the User Submission is accurate; (C) the User Submission does not and, as to Gigaom's permitted uses and exploitation set forth in this Agreement, will not infringe any intellectual property or other right of any third party; (D) the User Submission will not violate this Agreement, or cause injury or harm to any person; and (E) the User Submission complies with all applicable laws and regulations.

A lien is a form of security interest placed against an item of property in order to secure the payment of a debt or other obligation from the owner of the property.

One way your clients can defer any tax obligation on the sale of investment property that's not owner - occupied is to plow their proceeds into property equivalent in value under Section 1031 of the Tax Code.

The Hearing Panel concurred with REALTOR ® A on the grounds that REALTOR ® A's solicitation was made through the mass media, and was not specifically directed toward property owners whose identity had come to REALTOR ® A's attention through information disclosed by other REALTORS ® consistent with their ethical obligation to cooperate with other brokers under Article 3 of the Code of Ethics.

The Hearing Panel's decision noted that REALTOR ® A, in designing his advertising campaign, did not direct his brochures to property owners whose identity had come to REALTOR ® A's attention through information disclosed by other REALTORS ® consistent with their ethical obligation to cooperate with other brokers under Article 3 of the Code of Ethics; e.g., through a «for sale» sign or through information disseminated through a Multiple Listing Service.

As the owner of the property, you are responsible for all the obligations, such as association dues and property taxes.

In some cases, owners have isolated the various cash flows, subdivided the property into separate tax parcels or have created a condominium structure to isolate common area charges, taxes and other obligations of non-credit-rated tenants in order to structure credit - tenant financing.

A Virginia federal court has considered what legal obligations existed when a property owner and a developer signed a letter of intent regarding the marketing of the property and the purchase negotiations.

However, the Strata Property Act, the legislation that governs the rights and obligations of strata corporations, strata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Council.

The next section is Agency and Property Management and includes an introduction to the common law of agency, formation of the agency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obliProperty Management and includes an introduction to the common law of agency, formation of the agency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obliproperty owner and property manager, and property manager duties and obliproperty manager, and property manager duties and obliproperty manager duties and obligations.

REALTORS ® have an affirmative obligation to serve property owners and prospective buyers to the best of their ability.

If this agreement expires while the property is under contract, Owner's obligations under this Agreement continue through the execution of any lease.

The Superior Court of the State of Delaware has ruled that a buyer's representative has no obligation to protect buyer / clients from dangerous conditions on an owner's property during a showing.

Can anyone here recommend a NY Real - Estate Attorney who is VERY well - versed in the Laws & NY DOB regulations concerning planning, zoning, filing & permitting, building / construction and all the relevant rights of neighboring property owners and obligations of developers?

Requires a TRID - like disclosure be provided to a property owner participating in a PACE program, a 3 day right of rescission, and a notice that the property owner may not be able to refinance or sell without paying off the PACE obligation.