Sentences with phrase «set lease period»

Most rental have a set lease period, after which many of them go month to month, which means a senior renting a condo or apartment can move out with only 30 days notice if need be.

Not exact matches

When leasing a car, customers are agreeing to make regular payments for a set period of time, often three or four years.
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Like PPAs, solar leases generally have 15 to 20 year contracts which usually allow you to buy the system at the end of the lease and sometimes at set periods throughout the lease agreement.
Critical to the decision of the Court of Appeal was the wording of cl 1 of the lease which set out the term granted in the following way: «from and including 1 January 2003 to 28 September 2004 (hereinafter called «the term» which expression shall include any period of holding over or extension of it whether by statute or at common law or by agreement)...» Rimmer LJ, who gave the only substantive judgment in the case, referred to the words in brackets in this clause as «the words of extension».
A lease is the grant of a right to possess and use another's land for a set period of time (the term of the lease).
As to CAM, although a request for a cap on percentage increases may not be greeted with enthusiasm, a landlord will often agree (i) not to duplicate charges, (ii) to exclude specific items such as leasing commissions, costs attributable to other tenants at the center, costs incurred in the initial development of the shopping center, and costs that have been reimbursed (e.g., from insurance proceeds or other tenants), and (iii) to amortize capital expenditures over a longer period of time than may be set forth in its form lease.
Effective Rent Also known as «net rent,» effective rent is the price at which a particular unit (or set of units) leases after factoring in all concessions and discounts, and is calculated over the lease period.
The owner developer, subject to certain terms as may be set out in the Disclosure Statement, may have granted an entity (such as a parking garage operator) a lease for an area of common property (typically a parking stall or number of parking stalls) for a period of time.
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