This may mean a loss of income due to periods
of extended vacancy or extra costs associated with tenants (non-payment of rent, damage to property, etc.).
Not exact matches
There are court decisions stating that the failure to fill a
vacancy for an
extended period
of time violates the constitutional right to representation, and «one - person, one - vote».
Republicans passed a bill
extending rent regulations for eight years, but leaving intact the process
of vacancy decontrol, where apartments fall out
of regulation when their monthly rent tops $ 2,500.
By
extending the coherence time
of electron states to over half a second, a team
of scientists from Berkeley Lab, UC Berkeley, and Harvard University has vastly improved the performance
of one
of the most potent possible sensors
of magnetic fields on the nanoscale — a diamond defect no bigger than a pair
of atoms, called a nitrogen
vacancy (NV) center.
REIT Risk (Real Estate Fund only): The Fund's investments in REITs may subject the fund to the following additional risks: declines in the value
of real estate, changes in interest rates, lack
of available mortgage funds or other limits on obtaining capital, overbuilding,
extended vacancies of properties, increases in property taxes and operating expenses, changes in zoning laws and regulations, casualty or condemnation losses and tax consequences
of the failure
of a REIT to
Extended vacancies cost companies an average
of more than $ 800,000 annually, according to 2017 CareerBuilder research.
An
extended period
of property
vacancy is a serious risk for any landlord, and it could happen often and quickly if you aren't careful.
If you charge too much, you might be stuck with
extended vacancies; if you charge too little, you run the risk
of having an investment that isn't profitable.
Many homeowners policies have a «
vacancy clause» that's triggered if the home owner is gone for an
extended period
of time.