Sentences with phrase «term lease basis»

The seller and current tenant occupies approximately two - thirds of the property on a short - term lease basis, which is subject to a termination option at the landlord's request.

Not exact matches

It's just a shorter - term, more flexible lease, and a smaller - format store,» Brendan Wallace, co-founder of Fifth Wall, a California - based venture capital firm focused on real estate technologies, told CNBC.

For leases that contain predetermined, fixed calculations of minimum rentals, we recognize rent expense on a straight - line basis over the lease term.

The base lease could be compared to a temporary long term quasi common stock dividend?

JLL performs lease audits on landlord reconciliations based on on - site audits of the landlord general ledger against key lease terms under a contingency fee arrangement.

The leases include certain lease incentives, payment escalations and rent holidays, the net effect of which is being recognized as a reduction to rent expense such that rent expense is recognized on a straight - line basis over the term of occupancy.

If the property is not 100 % occupied, then a market based rent is used based on lease rates and terms of comparable properties.

Realty Income earns a regular and secure stream of income since its properties are let out under long term leases (remaining lease term of 9.7 years) to a well - diversified customer base from the non-discretionary service industry.

WDI Group, the acclaimed restaurant and hospitality group that has opened around 200 restaurants around the world since 1972, signed a long - term lease to bring Hong Kong - based Michelin - starred restaurant Tim Ho Wan to New York City for the first time.

The 2003 deal sets a base yearly payment of $ 275,000, but the operators of the grill have not paid that because it was deferred under terms of the lease, lawyers said.

Terms of the property lease limit its use to media - based businesses, John Jilnicki, the town attorney, said, although the board recently authorized the use of a portion of the building for storage.

This is when the cash made on the investment on an ongoing basis — either through monthly rent or yearly leases — is the focus of the investment strategy, not the long - term potential price appreciation.

It is important to remember that REITs can differ meaningfully in terms of average lease durations based on the underlying properties they own.

Your monthly lease payment is based on the difference between the vehicle's selling price — its capitalized cost — and what its worth would be at the end of the lease term — its residual value.

Since longer - term interest rates are considered more representative of real estate financing costs, we compared how REITs with different lease durations performed in periods of increasing 10 - year U.S. Treasury Bond yields, based on month - end data.

You'll have to update the terms of your lease to match the loan term and ensure that you have the choice to renew your lease on a yearly basis.

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In addition you will not, and will not assist, enable or permit others to, directly or indirectly (i) modify, enhance, alter, or prepare derivative works based on any of Animal League or its licensors or supplier's content, software or infrastructure, (ii) decompile, decode, unlock, attempt to discover the source code of, or otherwise reverse engineer, any of Animal League or its licensors or supplier's software or infrastructure, or (iii) sublicense, sell, rent, lease, transfer, assign, or convey any rights under these Terms to any third party, or otherwise commercially exploit or profit from the information or content of the Sites (or any part or portion thereof).

The Foundry Guest Lodge is a spacious 1040 m ² thatched structure consisting of 16 en - suite bathrooms; The Foundry Motel consists of 4 private rooms overlooking the garden (of which one is a self - catering) and; The Foundry Cottage is a double storey self - catering unit with 4 rooms, (of which 3 are en - suite), kitchen, lounge / veranda; The Foundry Inn which is inside the high - security golf estate of Silver Lakes consisting of a guest house which is leased either on a daily basis or on the long - term.

Therefore, the client declares that he / she is leasing the accommodation for the purpose of spending his / her holiday there, under no circumstances shall the accommodation leased under the terms of the contract hereof be used on a habitual residential basis.

Based in Clapton E9, with a secured long - term lease Cell has built 30 purpose built artists studios of varying sizes.

A spokesman for the Saatchi Gallery said after the hearing: «The forfeiture issue was based on the landlord's claims that the two - for - one ticket offer breached the terms of the lease.

This is illustrated in the chart below, based on the U.S. Energy Information Administration's short - term energy outlook (consumption data does not include net or lease and plant data):

Rimmer LJ summed up his reasoning at para 23 of his judgment saying: ``... I favour the view that [the words of extension] had the effect of defining the term as including any period of holding - over or extension... The lease created a tenancy for a term of years certain until 28 September 2004 plus, by the words of extension, any further period of holding - over or extension of it on one or other of the bases referred to... I can not see how a term of that nature can be regarded as a tenancy for a «term of years certain».

Thus, landlords are reminded that where a demand has not been accepted by a tenant for some technical reason, it may well be worth revisiting the terms of the lease and, even if the landlord does not agree with the interpretation, on a basis that is stated to be without prejudice to the landlord's interpretation, it would be beneficial for a landlord to amend the procedure, rather than embark on costly litigation with no guarantee of success.

More recently, Airbnb has drawn the ire of the hotel lobby, which claims allowing people to rent out their rooms on an individual basis creates unfair competition, while landlords are coming down hard on tenants who sublet their properties in violation of the terms of their leases.

Despite this restriction in the declaration, a number of the units in the condominium were leased to multiple, unrelated residents (most of whom were students) on a short - term basis.

We also assist in the negotiation of lease terms and review offers to lease before they are signed: this is often done on a flat rate basis.

[47] Either an owner or a lessee of property, other than a lessee of residential property under a lease having a term of less than one year, may assert a claim based on injurious affection...

I signed a lease for a house sight unseen as I did a Skype walk through and saw pictures, so I liked and agreed on the house base on word of mouth terms from the agent.

Kira Systems» software, Kira, automatically identifies and extracts material contract lease clauses into an exportable summary chart to accelerate and improve the accuracy of lease review, Neota Logic's technology then enables rule - based decisions to be automated on the extracted data, based on the level of risk involved in the terms.

If you decide that a short term lease is right for you, you may sign a lease for a set time frame or on a month to month basis.

These are vehicles you rent or lease on a short - term basis.

Apple could come close to doubling its 25,000 Santa Clara Valley employees in the coming years, based on Apple's aggressive long - term office space leasing in the region.

• Prepare documents such as representation contracts, purchase agreements, closing statements, leases, and deeds • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting based on current market conditions • Conduct quarterly seminars and training sessions for sales agents to improve sales techniques • Advise sellers on how to make homes more appealing to potential buyers increasing average selling prices by 16 % from initial appraisals • Evaluate mortgage options helping clients obtain financing at the best rates and terms

• Accepted and reviewed housing applications • Assisted in determination of eligibility of new housing applicants • Mediated rental agreements between parties • Determined rents based on family income • Negotiated rents and equity of leasing terms • Maintained forms and records accurately • Ensured appropriate program monitoring and evaluation

KEY QUALIFICATIONS • Fluent in courtroom advocacy and case files evaluation • Strong background in preparing strategies and delivering legal presentations • Hands on experience of representing tenants and landlord in negotiating short and long term leases • In depth knowledge of arbitrating legal matters on a regular basis

Property Management — Duties & Responsibilities Coordinate regular maintenance and repairs as well as emergency resolution through the efficient management of maintenance team and general / sub-contractors, also participating in restoration and renovation projects to ensure timely completion within designated budgets Develop annual property budget and monitor with monthly variance reports, preparing financial statements and various regular and ad - hoc reports on property status, including occupancy rates and lease expirations Provide relevant oversight and administration to tenant build - outs, utility service termination and transfer, supply purchasing, and building consolidation processes Support firm management to aid in effective customer service, maintenance, and general property operations, delegating important tasks and assignments while overseeing all critical management aspects Organize, manage, and execute all aspects of the lease process, facilitating the ease of operational aspects as well as price / term negotiations, rental agreement reviews, rent collection, impounds, and tenant eviction as necessary Generate increased revenue through tenant referrals as well as consistent lease renewals through effective service and timely issue resolution Identify and develop talent among hired staff and property personnel, utilizing focused training efforts within a performance - based work environment designed to utilize the critical strengths of assistants, supervisors, and techs Provide continuous assessment of property usage and needs, while furnishing oversight and guidance regarding effective preventative maintenance programs, renovation considerations, and cost reduction / control measures Maintain a strong working knowledge of the leasing property, respective marketplace, and general economic trends Act as a liaison between clients, vendors, sales personnel, support staff, and senior management to facilitate information flow and drive operational efficiency

inalienable title «locks up» land land should be sold for profit, leased on a long - term basis for rent, or used as security against loans for homes and businesses; that is, Indigenous land should be entered into the real property market.

Anangu Pitjantjatjara Yankunytjatjara continues to lease other community areas to service providers on a short or long - term basis so as to promote competition between service delivery contractors who tender for work on the APY lands.

The base triple - net lease term on the properties runs through November 2019 and contains six five - year options.

All of the stores are leased to Walgreens on a long - term basis and will only be sold as a portfolio.

«There are non-institutional buyers out there that are willing to look at almost any type of deal and lease term and bid on it,» says Steve J. Tinsley, senior vice president of corporate finance at Chicago - based Equis Corp., a real estate services firm.

Sam's Club has 5.5 years remaining on its base lease term, with three five - year extension options remaining and a percentage rent increase clause tied to the store's gross sales.

The bank also will lease an additional 804,000 sq. ft. on a short - term basis.

REIT executives have been trying to counteract this trend with shorter lease terms, according to Jason Lail, senior real estate analyst with SNL Financial, a Charlottesville, Va. - based research firm.

USA Place, LLC, is entering into a long - term ground lease with a base term of 99 years.

A landlord can deny a tenant based on background and can add detailed information on their lease... ex if a landlord want to check on property once a month, then he / she are able to do so if it is part of the executed lease term.

The local joint venture purchased the Green Street property for $ 6.5 million in February 2012 and subsequently signed a long - term lease with London - based Soho House Group.

These include greater returns; long - term lease contracts with fixed escalation rates; finance based on the value and returns of the property and the lease contract, not on the investor's personal finances; less onerous regulation favouring tenants; and shorter bond periods which means a commercial property investment will come to maturity much earlier than a residential investment.