Sentences with phrase «term lease renewal»

NEW YORK — Havas Worldwide Health has signed a long - term lease renewal and expansion at 200 Madison Avenue.

Open Door Packaging, Inc. has signed a long - term lease renewal for its 125,000 - square - foot warehouse distribution and office facility at 6911 Bickmore Avenue in Chino, California.

Not exact matches

The company, whose fourth - quarter earnings came in below what analysts expected, said after it closes the sale, it will enter into lease agreements for each of the facilities for an initial term of 20 years with renewal options.

The terms of our real estate leases, including renewal options, range from six to 121 years.

Over 80 % of the company's revenue is recurring, and most of its site rental revenue results from long - term leases with initial 10 - year terms and five - year renewal periods thereafter.

Your landlord can actually require a wide variety of things in your lease, and if you're up for renewal you have the choice to sign the renewal lease, negotiate the terms, or leave.

Each formal lease renewal is a new contract, and the landlord may add whatever terms and conditions they like to it.

If a lease ends, and the agreement does not speak to what happens at the end of the lease term, there is no automatic renewal.

Each successive lease renewal, of which you've likely signed many, supersedes the previous lease and may add or amend terms, conditions, or responsibilities.

Any time a lease is signed or the terms of the lease change, such as the dates changing at renewal, other changes can be made to the lease as well.

Easily handle complex lease terms with changing rent escalations, lease expirations, reimbursements, tenant improvements, leasing commissions, market leasing assumptions, and even renewal probabilities.

Just because a lease provides an option for renewal does not mean that a tenant can not try to re-negotiate for better terms.

Jenny Dubnau of the Artists Studio Affordability Project (ASAP) spoke about the importance of passing the Small Business Survival Act, which would assist artists in lease renewal arbitration as well as allow them to receive longer - term leases.

Then they state they can only hold the apartment until the October 27th (74 days into the lease and 37 days since this email notice) because of high demand, and that that if they do not have a renewal lease signed point they will mark the apartment as available and we may «lose your house / apartment for next term».

Under the «default» expectation, in the USA, the termination of a residential lease for a term of years (or months) would automatically result in a renewal as a month - to - month tenancy until one party specifically notifies the other of termination.

Thus, commercial lease agreements usually contain renewal clauses, allowing tenants to extend an already lengthy lease for another term.

She handles disputes for key client Debenhams Properties, recently advising on the recovery of disputed service charge accounts; defending an opposed # 30m lease renewal on a development site; and handling the referral of a # 1m unopposed lease renewal to the Professional Arbitration on Court Terms scheme.

A recorder had correctly found that the provision of insurance renewal documents by a landlord to his tenants constituted a written demand for insurance due under the terms of the lease thereby making a forfeiture lawful

A declaration was granted that the lease was renewed for the renewal term with the issue of fair market rental rates being referred to arbitration; other incidental relief relating to the Planning Act was also granted.

If a lease ends, and the agreement does not speak to what happens at the end of the lease term, there is no automatic renewal.

Those details can, of course, be changed at renewal because you'll be signing a new lease for another fixed term.

Each formal lease renewal is a new contract, and the landlord may add whatever terms and conditions they like to it.

Any time a lease is signed or the terms of the lease change, such as the dates changing at renewal, other changes can be made to the lease as well.

The real estate managers need to negotiate the lease renewal or the lease termination terms, to provide excellent customer service to other departments and to oversee the management of assigned properties.

Processed monthly lease renewals and negotiated terms with tenants on behalf of the homeowner.

These professionals perform tasks like assessing property condition, taking photos, advertising the property, identifying potential tenants, negotiating contract terms, and handling lease renewal.

Talent for cultivating and supporting tenant relationships, leading to high occupancy rates, minimal turnover, and renewal of long - term leases.

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

However, there is provision for the federal minister to make other terms and conditions of the five - year lease.17 Potentially this allows the federal minister to make a term or condition extending the period of the lease or for renewal of the lease.

Another key component is that companies would be required to record the lease value or rent commitment over the entire lease term, including renewal options.

I usually adjust my leases in the winter months to be 18 to 14 month terms so they come up for renewal in the spring or later.

After two straight decades of three - year lease renewals, Bill Blass Ltd. has committed to its first long - term renewal this week.

The initial lease between the tenant and the property owner was for 26 years, with the tenant holding four renewal options for five - year terms.

Did the lease renewal mention a term?

The initial term of the lease is 15 years with two 5 - year renewal options and annual rent escalations of the lesser of i) 2.25 percent for the first seven years and 2.50 percent for the remainder of the term or ii) a calculation based on the consumer price index.

The Aurora master lease has an initial term of 15 years with two five - year renewal options and contains fixed annual rent escalators of 2.5 percent.

The lease has an initial term of 15 years with two five - year renewal options and provides for annual rent escalators equal to the greater of the change in the Consumer Price Index or 3.0 percent, resulting in annual lease revenues determined in accordance with GAAP of $ 0.8 million and an initial yield on cash rent of 11.0 percent.

Failure to sign a lease extension or renewal that contains materially the same terms as the current lease terms;

New York's «Rent Stabilization Code» («Code») imposes certain limits on the abilities of landlords to alter lease terms upon lease renewal.

The court first stated that it was irrelevant that the Tenant had not received a Section 8 voucher at the beginning of her tenancy; instead, all that mattered was that the Section 8 Agreement had been a term in her prior lease and so was now a required part of her lease renewal.

However, the Form stated that unless tenant requests renewal prior to the expiration of the one year term, the tenant would automatically convert to a month - to - month lease, waive the automatic renewal for a one - year term right, and also waive the statutory right to revert back to a one - year term in the future.

The Tenant argued that the Section 8 Agreement was a term of her prior lease and so the Landlord could not remove the Section 8 Agreement from the renewal lease requested by the Tenant.

The silver lining here is that in addition to the education you are getting, perhaps your next lease won't renew in December so long term you have a better setup for renewals or new tenants.

Signature Realty, Inc. v. Tallman (303 A.D. 2d 925)-- if there is any doubt or uncertainty as to the meaning of the disputed language in a brokerage agreement, all ambiguity must be resolved against the broker who prepared it; brokerage agreement was, as a matter of law, ambiguous with respect to the issue of whether broker would earn commissions when tenant exercised an option to renew the lease and therefore broker is not entitled to commissions on rental payments during any renewal term of the lease; broker not entitled to restitution in quasi-contract because there exists a valid and enforceable written contract governing the particular subject matter in dispute; dissenting opinion finds that the brokerage agreement is clear with respect to commissions earned and payable and that tenant was obligated to pay a commission to broker at the time the rental payment was due and owing to landlord, including during renewal terms of the lease.

Cushman & Wakefield v. Northeastern Industrial Park (246 A.D. 2d 303)-- owner is liable for brokerage commission stipulated in commission agreement notwithstanding that it is not a party to either the renewal lease procured by broker or the prior lease, where owner identified itself in the commission agreement as the landlord of the premises, and, throughout the lease negotiations and continuing even after broker first demanded its commission, consistently held itself out as one in the same as the company identified in the lease as the landlord; commission agreement clearly requires payment of the full term commission at the commencement of the lease should the lease, as it does, require the tenant, should elect to cancel, to reimburse the landlord for the portion of the commission attributable to the cancelled term.

The renewal option may seem secondary to the primary lease terms that are important to your business today.

The VZ initial lease terms are 10 years with renewal options.

For the most part the rental rate is determined by the amount of space available, the term remaining on the head lessee's lease, its location, configuration, amenities included, renewal and / or carryover clauses and options, and the financial situation of both parties.

On appeal, the Owner argued that the second lease was not a «renewal» within the terms of the listing agreement because the terms of the second lease were not the same as the renewal terms contained in the original lease.

The lease term is 15 years, plus two five - year renewal options.