Sentences with phrase «shorter lease»

A "shorter lease" means renting or having the right to use something, like a property or a vehicle, for a shorter period of time than usual. Full definition
Corporate apartments and units with shorter lease terms are also available.
Corporate apartments and units with shorter lease terms are also available.
With this software, apartment owners and managers find they can extract higher rents for shorter leases, perhaps two or three months.
The new leasing standard will likely change the nature of these negotiations as tenants will be seeking shorter leases to minimize the financial impact of the new standard.
If they can't get those outs, then they insist on shorter leases.
The uncertainty has even led tenants to push for significantly shorter leases, sometimes of only a year or two.
Under the new proposal, tenants may prefer shorter leases, which will be problematic for landlords that need longer leases to secure financing or sell a property at a higher price.
Typically ranging from 1,000 to 5,000 sq. ft., these smaller, staged units have shorter lease terms and are leased at a premium to offset the landlord's capital investment.
Similarly, office properties with shorter leases should command a higher cap rate compared to properties with long - term leases for the same reason.
Relativity is the discount rate which is applied to find the value of property with short leases when no clear comparable evidence is available.
But one trend in play is that technology firms are seeking shorter leases in a number of markets, according to Andrea Cross, head of Americas office research for commercial services firm CBRE.
The subject program may be geared towards shorter lease periods, however the subject properties seem to have a prime season for occupancy — consequently a shorter tenancy in such a property needs to be considered in the context of the significance of a «prime season», verses a property where such a «prime season» isn't applicable.
But the likely slump for REITs could represent a decent entry point for investing in REITs with short lease durations, which can raise rents quickly.
I do short leases as a fall back if for some reason I have a vacancy in Nov - Jan time frame to get back into the peak renting period.
A landlord may be more willing to take a chance on someone without an established credit history if the commitment is for a trial basis with a month - to - month or otherwise short lease.
Even if this were the case it does not mean that changes of recent years lack significance: - The Land Registration Act 2002 introduced radical changes with registration of overriding interests and of shorter leases.
The really big gains are made where the non-participating flats have extraordinarily high extended lease values and very short leases.
Evicting a residential short lease tenant When a tenant reaches the end of their contractual term or when they fail to pay rent a landlord may wish them to leave the property.
The possible impact of new lease accounting rules, which require operating leases to be capitalized on the balance sheet, may also favor shorter leases if and when they're finalized by the Financial Accounting Standards Board.
Dot - coms want short lease terms with «out clauses» of one, two, or three years, but telecom tenants want longer leases — 10 years is common.
In San Francisco the amount of subleasing up - ticked in 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she notes.
As Rocket Lawyer notes, «In a rental market with lower occupancy rates, the potentially high turnover associated with shorter lease agreements may prove problematic, as new tenants may not be at the ready.
Pushing for shorter lease terms is becoming commonplace in San Francisco.
Depending on which side (lessee or lessor) has market leverage, we may see a trend towards shorter leases or, instead, a new middle ground will emerge.
However, in sectors with shorter lease durations — hotels, storage and rental apartments — growth rates have remained positive but are decelerating, a trend we expect will continue.
Companies discussing new leases would likely try to negotiate more flexible terms, while businesses currently leasing space would try to renegotiate for shorter lease terms and more renewal options.
The properties with shorter rental agreements are more flexible in terms of renegotiating rental rates; thus, REITs with shorter lease terms are less sensitive to rate increases and behave more like floating rate bonds.
Take a rising numbers of store vacancies, add in a growing demand for shorter leases, and you have an ideal situation for Appear Here, a company using its online marketplace to disrupt how landlords find new tenants.
Hit by Amazon's explosive growth a decade ago, as well as the rise of e-books (which now seem to have peaked at around 20 % of total book sales), Barnes & Noble closed stores year - in, year - out, benefiting from a savvy move in the 1990s that saw it opt for short leases.
Brokers, property and investment managers will have to recreate themselves, and banks will need to adapt to shorter leases.
Tesla says its customers requested the automaker offer a shorter lease program, according to the report.
I asked whether I could leave my new car in the lot for a time, and explained that I'd return via taxi, but that it may take a while since it was a «short lease» and the car - return process would be time - consuming.
These short lease lengths lead to greater returns during boom times, as occupancy rates rise and rental rates increase more quickly, but a slowdown in the health care industry would hurt as tenants typically have less credit than large tenants at investment properties, leading to greater probability of default.
This means that, by paying an extra $ 3 a fortnight and entering into a shorter lease, Ali can save $ 286.
If you do end up making late payments or missing payments, you can move out after the short lease ends and they won't have to worry about evicting you.
Consider getting a shorter lease, even if this means paying a little more each fortnight; you might be surprised how much you can save.
How long do you have to agree to stay (a short lease comes with flexibility but risk of a rent increase when it's up!)
I ensure he is not allowed to he around strangers and I keep him on a short lease when walking outside of my yard.
Available on a long and short lease, Grosvenor House Residence Apartments in Tower Two offer guests the same high standards of quality and luxury as our hotel rooms.
This difficulty in finding evidence means «Graphs of Relativity» are used as an aid to benchmark the appropriate value for the property with a short lease.
It's also worth noting that homes with short leases are also often less desirable among buyers, due to their negative impact on sourcing mortgage finance.
Good evidence to support the sale of property with a short lease has traditionally been hard for surveyors to come by.
It is increasingly the tenant which seeks a shorter lease in referring to the need to maintain flexibility in volatile market conditions.»
Those flat owners with short leases could add value to their flats by extending the terms of their leases by 90 years (or to 999 years in the case of an enfranchisement); those flat owners with longer leases could preserve the value of their flats by extending their leases.
If your lease is less than 90 years, it will be beneficial to extend it for the following reasons: Properties with shorter leases are less valuable than ones with long leases (this is particularly true if leases are below 80 years) Properties with... more
The landlord may just charge you extra for the privilege of having a shorter lease.
If you don't start with the right market and neighborhood, over time you will experience more tenant turnover, shorter lease terms, increased late payments / defaults, and decreased or negative appreciation.
Another way to minimize the long - term damage of concessions is to offer a shorter lease term to tenants.
The shorter lease terms often translate to higher cap rates.
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