Sentences with phrase «of lease period»

Property managers collect rents, handle tenant issues and hold security and other deposits given by the renters to the landlord at the start of the lease period.
They can receive a Certificate of Satisfactory Tenancy at the end of a lease period which they can take to a new landlord.
j. Tenants owning pets — legal or illegal — are responsible for all pest control in their Unit and will pay a $ 95 nonrefundable charge along with this pet addendum to cover additional repairs / cleaning at end of lease period.
We review the rents at the end of each lease period to assure that your property is receiving its best income potential according to the prevailing market conditions.
Terms of credit may affect ability to qualify for home loan at end of lease period.
In cases where a tenant approaches the landlord — requesting early cancellation of a lease agreement when he can not afford his rent — only for the landlord to demand full rental payment for the remainder of the lease period, the tenant will rather remain in occupation of the property.
Agents don't typically get anything on the other end if the client purchases the house from the investor at the end of the lease period.
In simple terms, a rent - to - own property is where a client will agree to rent the property from the owner, for a specified period of time, and have the option to purchase the property at the end of the lease period as long as the contractual conditions are met.
In simple terms, a rent - to - own (RTO) agreement is where a client agrees to rent the property from the owner for a specified period of time (usually three to five years) and then has the option to purchase the property at the end of the lease period, generally at an increased price, and as long as the specified contractual conditions are satisfied.
Since you are still paying for the automobile, or may not choose to take ownership of it at the end of the lease period, the lender or the leasing company will likely require you to have these coverages to protect their investment.
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».
Despite the large amount of money you pay out, you do not automatically own the item at the end of the lease period.
A: Despite the large amount of money you pay out, you don't own the item at the end of the lease period.
The amortization period is the shorter of the lease period or the useful life of the improvements, or 15 years.
The vehicle may be purchased at the end of the lease period for $ 9,040.
Many Fort Worth drivers choose to return a leased vehicle at the completion of the leasing period to either buy or lease a new car.

Not exact matches

Average Billings per User (ABPU)- Average monthly branded postpaid service revenues earned from customers plus monthly equipment installment plan (EIP) billings and lease revenues divided by the average branded postpaid customers during the period, further divided by the number of months in the period.
Because you are leasing services and / or space for a period of time, both types of offices give you the flexibility to adapt your requirements over time, depending on changes within the business.
A serviced office provides an individual or organization with a dedicated office space that they lease for a period of time.
Production costs for the first quarter of 2018, which include lease operating expenses («LOE»), production taxes and transportation, gathering and processing expenses («TGP»), were $ 57.1 million, or $ 6.41 per Boe, compared to $ 38.1 million, or $ 5.74 per Boe, for the comparable 2017 period.
In its latest plan for the 2017 - 2022 period, the Obama administration offered a conservative selection of leases in the western and central Gulf of Mexico and Alaska's Cook Inlet, leaving contested areas like the Atlantic, Pacific and eastern Gulf of Mexico off the table.
A kickout clause lets you out of the lease after a certain time period — usually three or four years — if your revenues don't reach expectations.
Though the International Space Station (ISS) currently serves as the only permanently manned outpost in space, Las Vegas - based Bigelow Aerospace is testing inflatable space habitats in orbit that it hopes to develop into a series of commercial space stations, serving as either scientific outposts that could be leased by government agencies or «space hotels» that would allow space tourists to spend extended periods in orbit.
The Outer Continental Shelf Lands Act requires the Secretary of the Interior, through BOEM, to prepare and maintain a schedule of proposed oil and gas lease sales in federal waters, indicating the size, timing, and location of auctions that would best meet national energy needs for the five - year period following its approval.
Lease - Option Sandwich — Without actually owning the property, lease - options allow a person to gain control of a property by leasing it with a legal «option» to purchase the property at a specified price within a specified time period.
After that, individual foreigners can continue leasing for another 25 years while foreign - owned, Philippine - incorporated companies can continue leasing for an unlimited period of time.
Equipment financing is distinct from equipment leasing, wherein you pay the owner of the equipment periodic rent for use of the equipment over an agreed - upon period of time.
TerraCRG President Ofer Cohen — whose firm leased 5,760 square feet of retail during the period TRD reviewed — said there are areas of the borough where retail is on the rise.
Our lease terms are customized to meet your needs with various payment structures, lease periods and end of term options available.
With this type of lease contracts, you also benefit from significantly shorter notice periods, which allows you greater flexibility.
As this coincided with a period of reduced budgetary funding, NJ Transit decided to pass on the traditional approach and decided to lease approximately 100 vehicles.
Olam, which is backed by sovereign wealth fund Temasek Holdings, will lease - back the almond groves and land as well as related farming and irrigation infrastructure for a period of 18 years.
The current owner, William Muetze, will lease the property back from the Park District with the stipulation that parcels will be turned over to the Park District over a period of four years.
«I don't have any problem leasing the site to the Park District for some period of time.»
The county will collect an increasing portion of Standard's profits over the lease's period.
Landlords and other property owners also capitalise on the heavy traffic to make cool money from their properties, which they lease out to emergency food vendors and other business concerns who readily establish makeshift shops for the period of the crusade; as well as parking lots for the visitors.
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.
«Over the past five years, the operating costs of owners of rent - stabilized apartments have increased 16 percent, while the RGB has limited rent increases on a 1 - year lease to a fraction of that, 2.25 percent, over that same period — including two consecutive rent freezes,» said RSA president Joseph Strasburg.
Nassau County Executive Edward Mangano's 2013 lease with Brooklyn developer Bruce Ratner, approved unanimously by the county legislature, stipulates that an American Hockey League team would play «substantially all of their regular and postseason home games at the Coliseum for a period of at least 15 years.»
The best classes I have taken (and taught) include at lease some period of meditation.
You could also look to lease; so you don't have to purchase outright in the first year, but you can start thinking over a longer period such as a three to five year plan of how you are going to afford it.»
In contrast, a finance lease will be for a specific longer period considered to be the full economic life of the asset.
Operating & finance leases Operating leases are useful if the lessee needs the equipment to be updated or replaced frequently as: they run for shorter, specific periods shorter than the full economic life of the asset; the lessee is not liable for financing of the asset's full value; the lessee has use of the equipment, but not full ownership; and because the residual value belongs to the lessor.
As summarised by the Department for Education, «used with care, leasing can be a useful way of paying for equipment over the period it will be used, avoiding a large one - off payment, and potentially saving money.»
The minimum lease period Always look at the details of the agreement — including the minimum lease period.
If you are offered an upgrade during the minimum lease period, seek expert guidance from your Local Authority or the National Association of School Business as it might not be the best option at this point.
Operating and finance Also be aware that there are two main types of leases — operating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the lease period.
Ownership It's important to add that leases are agreements to rent equipment, so at the end of the minimum period the school will not own the items concerned.
Resolved, that the Superintendent, or designee, be, and hereby is, authorized to enter into a Lease Agreement with Landsman Development Corporation, 3 Townline Circle, Rochester, NY, to lease approximately 8,737 square feet of the four story building located at 30 Hart Street, Rochester, NY, (commonly known as the Family Learning Center), for the period March 1, 2018, or as soon thereafter as the Agreement is fully executed, through June 30, 2022, for a rental rate not to exceed Four Thousand Seven Hundred Thirty Two Dollars Fifty Four Cents ($ 4,732.54) per month, plus all additional charges under the Lease Agreement, including but not limited to Common Area Maintenance (CAM) charges, property taxes, utilities and repairs, for a sum not to exceed One Thousand Four Hundred Seventy Nine Dollars Seventy Five Cents ($ 1,479.75) per month, funded by the Department of Educational Facilities, contingent upon budget appropriations and contingent upon the form and terms of the Agreement being approved by Counsel to the District.
Afterward, he takes good care of his clients and regularly follows up during the lease period to make sure everything is working exactly as expected.
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