Sentences with phrase «out of these lease obligations»

I remember when I was in real estate and during an office economic downturn people and companies would try to do «midnight shuffles» to get out of lease obligations.

Not exact matches

A standard lease states the landlord is required to release the money within 30 to 60 days after you vacate the property if you've met all of your obligations, such as making all rent payments, moving out of the apartment on time, returning the property in good condition, etc..

Cuomo last week told reporters the state helped bolster transit funding out of a «moral obligation» while Lhota insisted the subway system was merely leased to the MTA.

In a landscape where the average commitment of an occupier company to a property is 7 years, sometimes an unforeseen early way out is needed from lease obligations.

«For satellite dish installation permission — # 500 plus surveyor's fee for inspecting channels» CLRA 2002, Sch 11 gave tenants the right to challenge the liability to pay and reasonableness of an administration charge — for example, for consent to installation of a satellite dish or carrying out of building works, on providing information or documents or in respect of a failure to make payment under the lease — at a LVT and, ahead of service charges, obligated the landlord to serve, with a demand for the payment of the charge, a summary of the tenant's rights and obligations.

The courageous argument of the tenants — or at least one of the two who participated in the second tier appeal, the landlords being unrepresented after two previous outings at which they were victorious and submissions being made by an advocate to the court — was that the landlords had been under an obligation to mitigate their loss and had failed to do so by forfeiting the lease despite knowing of the tenants» plight.

Kirk Reynolds QC appears as leading counsel for the appellant, and Elizabeth Fitzgerald as Junior Counsel for the respondent, in an appeal concerning a claim for specific performance of an obligation to carry out works under a lease.

When representing a tenant client, why is it better to negotiate personal guaranty — which makes the business owner personally liable for debts and obligations — out of a lease in place of a larger security deposit or extra limitations?