Leasehold estate Essays & Research Papers

Best Leasehold estate Essays

  • Tenancies: Leasehold Estate and Tenancy
    TOPIC 5: TENANCIES 5.1 Definition of a Lease/Tenancy 5.1.1 ‘Tenancy’ and ‘Tenancy Exempt from Registration’ – ss 5, 213 and 223 5.2 Creation of a Tenancy 5.2.1 Indorsement of Tenancy 5.3 Types of Tenancy under NLC 5.4 Determination of Tenancies References: 1. Teo & Khaw, Chapter 6 2. Sihombing J, Chapter 15 3. Joshua, Chapter 8 4. Salleh Buang, Chapter 7 5. Ainul Jaria Maidin, Chapter 8 TOPIC 5: TENANCIES 5.1 DEFINITION OF A TENANCY • Meaning under NLC: o...
    651 Words | 4 Pages
  • Real Estate Finance - 1507 Words
    Question: Explain the Kenyan legal perspective of real estates in respect to real property rights, mortgage contracts, contract for sale and lease contracts. Answer: 1) Real property rights Real property refers to land and anything permanently attached to it such as buildings, fences and sidewalks. Personal property refers to items not permanently attached to real property but can be removed when the property is sold such as cars, clothes and furniture. Real property rights Owning real...
    1,507 Words | 5 Pages
  • Market Stall Rental Management System
    立法會 Legislative Council LC Paper No.CB(2)415/12-13(04) Ref : CB2/PL/FE Panel on Food Safety and Environmental Hygiene Updated background brief prepared by the Legislative Council Secretariat for the meeting on 8 January 2013 The business environment of public market stalls, including the rental adjustment mech anism and air-conditioning charges Purpose This paper summarizes the concerns of the members of the Panel on Food Safety and Environmental Hygiene ("the Panel") on the...
    642 Words | 4 Pages
  • Contract Analysis: Lease Agreement
    I. What is the Consideration on both sides of this contract? Defined (in my own words), consideration is something of value that is given in exchange for getting something from another person. In my case, rent payments are paid to my landlord in exchange for the right to rent the house. II. Are there any conditions in the contract (precedent, subsequent, or concurrent)? Concurrent. There is a part in our lease that states that we receive a check back from our landlord, in the amount of $400.00...
    645 Words | 2 Pages
  • All Leasehold estate Essays

  • Describe the Different Obligations Imposed by the Implied and the Express Repair Covenant in a Lease.
    Describe the different obligations imposed by the implied and the express repair covenant in a lease. (list the various terminologies used and explain their meaning) A repair is ‘making good the damage so as to leave the subject as far as possible as though it had not been damaged’ defined in Clathorpe v McOscar 1924 Ultimately, the landlord wants to pass on the repairing responsibility to the tenant. Tenants will usually accept the responsibility as long as it is not too onerous. The phrase...
    1,230 Words | 3 Pages
  • The relationship between landlord and tenant within Ireland
    Introduction In this essay, I shall discuss the nature of the Landlord and Tenant relationship in Ireland. I will examine the aspects of a Lease from both sides of the relationship and cover the rights of the landlord and tenant under the relevant legislation. In my final chapter I will evaluate how the personal relationship between the landlord and tenant has evolved thought out time with the passing of legislation. Leases have always been a popular way to regulate the relationship between a...
    1,638 Words | 5 Pages
  • Creation of Lease and Perioidic Tenancy
    CREATION OF LEASES AND PERIODIC TENANCY FORMALITIES A lease may be created either orally, in writing, or by deed. At common law, a lease may be created by parol. This remains the general mode of creating periodic tenancy which is the most common place of all types of leases. Over three centuries ago, parties to conveyance of land were perpetrating fraud as a result of the absence of written evidence of land transactions. The English parliament responded by enacting the STATUTE OF FRAUD in...
    880 Words | 2 Pages
  • australia tenancy - 15530 Words
    COMMERCIAL TENANCY LAW IN AUSTRALIA AJ BRADBROOK CE CROFT BUTTERWORTHS (1990) [1.04] the doubt which has been created results from a series of English decisions given in the course of the 1950s and 1960s. In 1952 Denning LJ (as he then was), expressed the view that the test of exclusive possession was by no means decisive: Errington v Errington [1952] 1 All ER 149 at 297; [1952] 1 KB 290. His Lordship said that the difference between a tenancy...
    15,530 Words | 37 Pages
  • Lease Agreement/Rental Property
    Residential Lease Agreement THIS LEASE (the "Lease") dated this 18th day of May, 2013 BETWEEN: _________________________ of ________________________________________________________________ (the "Landlord") OF THE FIRST PART * AND * ____________________________________________________________________________________________________________________________________ (collectively and individually the "Tenant") OF THE SECOND PART 


IN CONSIDERATION OF the Landlord leasing certain...
    4,781 Words | 13 Pages
  • master - 5756 Words
    Lagos State of Nigeria Official Gazette No 37 Ikeja – 26th August 2011 Vol. 44 Lagos State Government Notice No 77 The following is published as supplement to this Gazette page Law No 14 A Law to Regulate Rights and Obligations under Tenancy Agreements and the Relationship between the Landlord and the Tenant including the Procedure for the Recovery of Premises and for Connected Purposes. A463 – 494 Lagos State of Nigeria Tenancy Law 2011 Arrangement of Sections...
    5,756 Words | 34 Pages
  • Exam 2 Legal And Social Env 10
    Multiple Choice. 3 points per question CLEARLY CIRCLE THE LETTER WHICH INDICATES THE BEST ANSWER FOR THE PROBLEM. 1. In a negligence case, the plaintiff must establish: d a. duty, strict liability, causation, and injury. b. mens rea, breach, foreseeable harm, and injury. c. duty, actus reus, foreseeable harm, and causation. d. duty of due care, breach, causation, foreseeable harm, and injury. 2. The elements in a defamation case are: a a. defamatory statement; falseness;...
    2,540 Words | 13 Pages
  • Hire Purchase - 899 Words
    ASSIGNMENT LAW245: MALAYSIAN LEGAL SYSTEM QUESTION ONE a) Houses built on stilts In the case of Holland v. Hodgson, the court held that all thing attached to the land are fixtures, thus it shall from part of the land. On the other hand, by virtue of National Land Code 1965, section 5 classified land as either land above the shore line or foreshore and seabed. But our land Land Court does not defined items which fall under fixtures or chattel. Therefore, we should test the...
    899 Words | 3 Pages
  • Property Law notes - 14358 Words
    Physical Dimensions. RIGHTS ABOVE SURFACE →The owner’s rights in airspace should be restricted to “any such height as is necessary for the ordinary use and enjoyment of his land and the structures upon it”. If within this meaning their may be an action in trespass. – Berstein v Skyviews and General Ltd. S 2(1) of the Damage by Aircraft Act 1952 precludes action in trespass for overflying aircraft.→ An intrusion by a land based structure located on the defendant’s land constituted a trespass to...
    14,358 Words | 34 Pages
  • Tenancy Agreement in Victoria, Australia
    Residential Tenancy Agreement Residential Tenancies Act 1997 Section 26 Residential Tenancies Regulations 2008 - Schedule 1 Form 1 Important Information Please read this before completing the Residential Tenancy Agreement • This form is your written record of your tenancy agreement. This is a binding contract under the Residential Tenancies Act 1997, so please read all terms and conditions carefully. • If you need advice on your rights and responsibilities, please call the Consumer Affairs...
    1,823 Words | 10 Pages
  • The Eminence of Sleeping - 1539 Words
    Ewe Chin Leong on behalf of The Estate of Ewe Kim Sum, deceased, 47A, School Lane, 11600 George Town, Penang. December 4th. 2012 Attn. Mr. Tomis Peter Samat Director of the Complaints Secretariat Advocates & Solicitors Disciplinary Board 8t" and 9th Floor Wisma Maran 28 Medan Pasar 50050 Kuala Lumpur. ... Dear Sir, Complaint No. DB/12/7737 Complaint Against Messr. Gurunam Singh & Co. Respondent : 1. Mr. Gurunam Singh s/o Joginder Singh 2. Mr. Ganeson a/l...
    1,539 Words | 6 Pages
  • KENYA LAW OF LANDLORDS & TENANTS.
    1.0 INTRODUCTION Landlord–tenant law is a part of the common law that details the rights and duties of landlords and tenants. It includes elements of both real property law and contract law. Modern landlord‐tenant law includes a number of other rights and duties held by both landlords and tenants. The relationship of landlord and tenant arises where one person, who possesses either a freehold or leasehold property interest expressly or impliedly grants to ...
    4,137 Words | 10 Pages
  • What Does Tangible Personal Property Mean?
    LqPart I. Yanin Padron Hernandez Midterm Unit 5 What Does Tangible Personal Property Mean? Tangible Personal Property Tangible personal means all the prpoerty that inside the building. It also includes Tangible personal property is the opposite of real property is what you can’t move. Possessory interest is when a person is to occupy and/or exercise control over a particular plot of land. A possessory interest is “distinguished from an interest in the title to property, which may...
    703 Words | 3 Pages
  • Unit 5 - 1382 Words
    Ashley Kitko 9/2/12 Unit 5 assingment Landlord and tenet law Prof: Mark Baum What is the difference between real property and tangible personal property? Real property is property that can not be moved off the grounds. Any thing that is attached to the property is cancidered real property. Tangible personal property are things that are on the property that can be moved off the property. Real Property refers to land and things permanently attached to the land. Personal property...
    1,382 Words | 4 Pages
  • Franchise vs Joint Venture
    Hospitality Management 21 (2002) 353–369 A franchise by any other name? Tenancy arrangements in the pub sector Conrad Lashley*, Bill Rowson School of Tourism and Hospitality Management, Leeds Metropolitan University, Calverley Street, Leeds LS1 3HJ, UK Abstract Recent changes in ownership and consumption patterns within the market have brought many operators to follow strategies that are more concerned with a retailing orientation. Many of the companies operating pubs are aiming to...
    8,301 Words | 35 Pages
  • Comparism Between Lagos State Tenancy Law and Canada Tenacy Law
    COMPARISM BETWEEN LAGOS STATE TENANCY LAW AND CANADA TENACY LAW In Lagos State -(1) It shall be unlawful for a landlord or his agent to demand or receive from a sitting tenant rent in excess of six (6) months from a monthly tenant and one (1) year from a yearly tenant in respect of any premises without prejudice to the nature of tenancy held at the commencement of the tenancy. (2) It shall be unlawful for a sitting tenant to offer or pay rent in...
    1,181 Words | 3 Pages
  • International Law - 1794 Words
    KOVSIES PRIVATE ACCOMODATION CC An Opinion of the legality of certain clauses in terms of the Consumer Protection Act Lizell Lombard Section 51(1)(a) of the CPA states that a supplier must not make an agreement subject to any term or condition if its general purpose or effect is to defeat the purposes of the Act, waive or deprive a consumer of a right in terms of the act, avoid a supplier’s obligation in terms of the act. In terms hereof, in my opinion, the following clauses of the...
    1,794 Words | 5 Pages
  • A Comparison of Leasing and Buying - 1327 Words
    Lease vs. Buy 1. Introduction: In today’s world, customers often face a dilemma about whether to buy or lease. Lease is an agreement in which one party gains a long term rental agreement, and the other party receives a form of secured long term debt. On the other hand, buying involves transfer of ownership from seller to buyer. Buying or leasing decision depends mostly on customer’s preference. There are many factors to consider before taking a buying or leasing decision. 2. Factors...
    1,327 Words | 4 Pages
  • Operating Leases - 464 Words
    Operating Leases We lease retail stores, roasting, distribution and warehouse facilities, and office space under operating leases. Most lease agreements contain tenant improvement allowances, rent holidays, lease premiums, rent escalation clauses and/or contingent rent provisions. For purposes of recognizing incentives, premiums and minimum rental expenses on a straight-line basis over the terms of the leases, we use the date of initial possession to begin amortization, which is generally when...
    464 Words | 2 Pages
  • Sample Tenancy Agreement - 2593 Words
    TENANCY AGREEMENT BETWEEN COUGAR LOGISTICS (M) SDN BHD AND SUMISO (M) SDN BHD DATED 1st SEPTEMBER 2001 TENANCY AGREEMENT THIS AGREEMENT is made on the 1st date of September 2001 BETWEEN COUGAR LOGISTICS (M) SDN BHD (Company No. 211819K), Lot 16, Lebuh Sultan Muhammad 1, Kawasan Perusahaan Bandar Sultan Suleiman, 42000 Port Klang, Selangor Darul Ehsan (the “Landlord”) of the one part and SUMISO (M) SDN BHD (Company No. 175561-H), B610, 6th floor, East Wing, Wisma Tractors,...
    2,593 Words | 10 Pages
  • Covenants in Leases - 2584 Words
    SEMINAR 12: COVENANTS IN LEASES Leasehold covenants are contractual obligations contained in leases, between the landlord and the tenant. There are generally 3 types: • those implied at common law in every lease, subject to contrary provision • those implied by statute, even in the face of contrary provision • those that are the result of the parties’ express agreement to that effect. A) IMPLIED COVENANTS I) BY LANDLORD A) QUIET ENJOYMENT: Every lease contains an IMPLIED...
    2,584 Words | 9 Pages
  • Land Law - Leases - 3619 Words
    Land Law Leases 1. Introduction Leases in general may be the most valuable category of interest in land other than freehold estate. A lease may also constitute a legal estate. In some cases, such as flats, it may even replace freehold as the operational form of “ownership”. On the other hand, a lease is also a contract between two parties. It serves important social functions, sometimes much more than land ownership, and therefore has been receiving unyielding attention from the...
    3,619 Words | 11 Pages
  • Living in a New Country - 634 Words
    Phuc Dinh September 18, 2014 English 093 Out-of-Class Essay Living in a New Country I. Introduction Paragraph How many people come to live in the US each year? Most of them think the US is very good country for education and lives. Therefore, more and more people accept leaving their country, relatives and friends to resident here. With me, living in the new country is the hardest thing I had to do and that make me more confident and adult. II. Body Paragraph 1 Everything is new and I didn’t...
    634 Words | 2 Pages
  • Profitability of Rice Farm Leasing in Butuan City
    INTRODUCTION Land is a key component of any nation’s wealth. It is a source of food, shelter, income and social identity. In merely physical terms, most land is used as an input to agricultural production that in many developing countries continues to be a key factor that provides the backbone of economic sustenance for the majority of the people. Land is accessed through different forms. Both today and in the past, agricultural land has been farmed under a wild variety of property rights...
    494 Words | 2 Pages
  • Labor and Employment - 697 Words
    Labor and Employment There are many issues to discuss about Labor and Employment, but some of this is about the Youth Unemployment, Job and Skill Mismatch, Educated Unemployed. In 2010, half of the 2.9 million unemployed Filipinos were age 15-24. More than half of the unemployed youth are such due to lack of job opportunities, lack of skills and the competition with older ones. This lack of training and skills and incompetence may be due to poor education, which shows that indeed,...
    697 Words | 3 Pages
  • Land: Renting and Tribunal - 2998 Words
    Clark & Ors v Gandangara Local Aboriginal Land Council (Tenancy) [2011] NSWCTTT 526 (10 November 2011) CONSUMER, TRADER AND TENANCY TRIBUNAL Tenancy Division APPLICATIONS NOS:|RT 11/04274 (Clark)RT 11/04285 (Thatcher)RT 11/05207 (Nixon)RT 11/05549 (Howarth)RT 11/06433 (Campbell)RT 11/07932 (Beale)| APPLICANTS:|Synthia Maree ClarkAnn ThatcherRonald NixonRonald HowarthCecelia Ann CampbellPeter Michael Beale| RESPONDENTS:|Gandangara Local Aboriginal Land Council (“Gandangara”)|...
    2,998 Words | 10 Pages
  • The Settled Land Act in Jamaica
    SETTLED LAND THE SETTLED LAND ACT ARRANGEMENT OF SECTIONS 1. Short title. I. Znterpretation 2. Interpretation. IL Sale, Exchange, Partition General Powers and Regulations 3. 4. 5. 6. Powers to tenant for life to sell, etc. Exchanges. Powers of tenant for life. Regulations respecting sale, exchange and partition. Special Powers 7. Transfer of incumbrances on land sold, etc. III. Leases General Powers and Regulations 8. Power for tenant for life to lease for...
    14,670 Words | 74 Pages
  • Nitin - 506 Words
    RENT AGREEMENT DEED That this agreement deed is made on 20/01/2013 between Sri Anil Jauhari S/o- Late Mahesh Chandra Jauhari R/o “ Jauhari House “ , 515/56-Ka , Baba Ka Purva , Near Paper Mill (Opp. Metro City ) Lucknow -226006 hereinafter called the Land Lard (Which expression shall unless repugnant to...
    506 Words | 2 Pages
  • Agreement Of Tenancy For Donald - 480 Words
    GUYANA COUNTY OF DEMERARA AGREEMENT OF TENANCY This agreement of Tenancy is made on _______________________ by and between SAMUEL PROFITT of 38 ANIRA STREET, QUEENSTOWN,GEORGETOWN, GUYANA, (hereinafter referred to as the Landlord) of the one part AND John Daglas of Georgetown, Guyana (hereafter referred to as the Tenant) of the other part. WHEREAS the Landlord is the sole registered owner of the property situate at 38 ANIRA STREET, GEROGETOWN, GUYANA. AND WHEREAS the landlord is the...
    480 Words | 3 Pages
  • Walsh V. Lonsdale [1882 W. 1127.]
    CHANCERY DIVISION WALSH v. LONSDALE [1882 W. 1127.] This is one of the most frequently cited authorities on the effect of the Judicature Acts so far as the fusion of law and equity is concerned. Essentially the question down on whether the defendant could bring a legal remedy (distress) with respect to a lease which formerly would have been regarded as equitable only (effectively an agreement to grant a lease rather than one in proper legal form). Facts:The Defendant on the 29th of May 1879,...
    1,760 Words | 4 Pages
  • Technical Writing Formal Report
    Dylon Industries Computer Leasing Assessment Prepared for Robert Reuter Dylon Industries Cleveland, Ohio Prepared by Michael Norby Dylon Industries Cleveland, OH. November 30, 2012 Summary The purpose of this report is to determine why we should lease computer equipment as opposed to purchasing computer equipment. Leasing computers can save this organization revenue by not having to have an on-site IT Department for any hardware or software issues that develop. Any...
    1,659 Words | 7 Pages
  • Conservatives vs Liberals Land Question
    CIs it true to say that the Conservative Party did more to solve the ‘Land Question’ in Ireland in the period 1870-1903 than the Liberals? In order to answer this question it is first necessary to define the ‘Land Question’. The ‘Land Question’ entailed the relationship between the landlord and the tenant, the ownership of the land, farm size and poor quality produce. Both the liberals and the Conservatives parties brought about various changes in the issue of the “Land Question’ during the...
    901 Words | 3 Pages
  • Solution Guide - 320 Words
    Solutions Guide: A3. (Net advantage to leasing) A firm is considering leasing a computer system that costs $1,000,000 new. The lease requires annual payments of $135,000 in arrears for 10 years. The lessee pays income taxes at a 35% marginal rate. If it purchased the computer system, it could depreciate it to its expected residual value over 10 years. The lessee’s cost of similarly secured debt is 10% and its WACC is 15%. a. Calculate the net advantage to leasing assuming zero residual value....
    320 Words | 1 Page
  • The Basic Things We Need to Get Right
    Basic things we need to get right. Starting a construction company can be a profitable venture under the right circumstances. Construction is an industry that will always be in demand and will not yield easily to automation. If you have experience in the field and want to start your own company, be sure to research requirements, laws, and business basics before taking the plunge. One of the first things to consider before starting your own company is financing. If you do not have available...
    2,749 Words | 8 Pages
  • Lease VS Purchase week 4
    Running head: LEASE VERSUS PURCHASE Lease versus Purchase Lease versus Purchase As business owners, or even working in accounting for a business, it is imperative to know the facts about making an informed business decision when it comes to purchasing or leasing equipment. Every company wants to maximize revenue and profit, and a decision such as whether to lease or purchase equipment could potentially make a significant difference. Pros to leasing Financially the needs of the company...
    425 Words | 2 Pages
  • Research Methodology - 556 Words
    MAKERERE UNIVERSITY COLLEGE OF COMPUTING AND INFORMATION SCIENCE COURSE: BACHELOR OF SCIENCE IN SOFTWARE ENGINEERING COUSE UNIT : RESEARCH METHODOLOGY COURSE UNIT CODE : BIT 1205 # | NAME | Reg No | Signature | 1 | NATULINDA LADAN | 12/U/12361/eve | | 2 | MUJJUZI ROY | 12/U/18912/ps | | 3 | KALEMELA JOHN KENNED | 12/U/6014/eve | | 4 | TUSIIME LYDIA | 12/U/15005/eve | | 5 | ATUKWATSE LILLIAN | 12/U/4142/eve | | 6...
    556 Words | 3 Pages
  • Landlord Tenant Relationship - 1707 Words
    BUS 311 Business Law I Landlord / Tenant Relationship Novenber 18, 2010 BUS 311: Landlord / Tenant Relationship Understanding landlord and tenant rights and responsibilities is critical for a successful relationship between two parties, whether in a residential or commercial environment. Both the landlord and the tenant have specific rights and also specific responsibilities. To understand the landlord – tenant relationship one must first understand the roles of each...
    1,707 Words | 5 Pages
  • World Food Fair Ltd
    Introduction World Food Fair Ltd and Hong Kong Island Developing Ltd were negotiating for the grant of a lease of premises in a shopping which was owned by the defendant, Hong Kong Island Development Ltd. A cheque for $200,000.00 was paid as an initial deposit. Then, the tenants were allowed to enter the premises and to carry out alternation work. Finally, the decision of the Court of Appeal was overturned by the Court of Final Appeal on the basis that there was in fact no concluded contract....
    567 Words | 2 Pages
  • Case Note on Bruton Tenancy
    Case note on Bruton v London & Quadrant Housing Trust [2000] 1 AC 406 Introduction In essence, “leases” are created between landlords and tenants as contracts to grant exclusive possession of the land for a defined period of time, in exchange of rent from tenant. Leases give contractual interests to tenants, while at the same time creates proprietary interests in the land by granting exclusive possession, which elevates a tenancy into an “estate/interest in land”. It can therefore be...
    2,174 Words | 7 Pages
  • Fernandez vs. Amagna Case Digest
    3M3, Group #5 Bautista, Shaira Dalican, Annesherica Flores, Carl Michael Seno, Charina Fernandez vs. Amagna G.R. No. 152614 (September 30, 2009) 601 SCRA 330-350 Facts: Salvador A. Fernandez, the lessee, and Cristina D. Amagna, the lessor, had a verbal lease agreement on a monthly basis. A lease on a month-to-month basis provides for a definite period and may be terminated at the end of any month by failure of the lessee to pay the rents due for a particular month that is stipulated under...
    290 Words | 1 Page
  • Land Law Test Notes
    Ffion Wyn Parry Land Law – Assessed test LA36130 1. Distinguishing between fixtures and chattels is important when deciding who the legal owner of property is. A fixture is an object which is attached irreversibly to the land, the removal of a fixture would result in the damage of the object. However the description of a describes how a chattel is not fixed it is an independent object resting on the land, and can be removed without causing damage. The distinction between whether an...
    1,078 Words | 3 Pages
  • The Law On Leases From A Legal Concept Of
    The Law on Leases from a Legal Concept of “Property” Property in the legal sense is a collection of legal rights over a “thing”. This thing is a relationship that can be described as a power relationship within “real property” concerning legal rights and interests in land. Though the legal concept of property is very much broad and covers many types of proprietary rights, which are ‘interests in land’1, this essay will focus narrowly on the leasehold estate within the concept of property as a...
    2,076 Words | 6 Pages
  • Legal Studies HSC Course
    Legal Studies HSC Course Task 1. Alexandra Thomson “EVALUATE the effectiveness of the law in protecting the rights of those securing and providing shelter” Shelter is known as a roof over ones head and walls around a space providing safety, physical comfort and the ability to relax enough to get rest. Shelter aids physical, emotional and mental health by providing security and brings stability to an individuals life. There are two ways for providing shelter, they are selling and leasing. The...
    1,243 Words | 4 Pages
  • lease - 5283 Words
    Pennsylvania Residential Lease Agreement This Lease Agreement (the "Agreement") is made and entered on September 19, 2013 (the "Effective Date") by and between Sarah Gallo (the "Landlord") and the following tenants: Faye Reim, Tommy Basile III- child Nicholas Basile-child (the "Tenant") Subject to the terms and conditions stated below the parties agree as follows: 1. Property. Landlord, in consideration of the lease payments provided in this Agreement, leases...
    5,283 Words | 23 Pages
  • Land Law and Tenant - 2686 Words
    Question 1 This Problem concerns the enforceability and remedies of leasehold covenants between landlords and tenants, and their successors in title. The ground floor lease is granted before 1 January 1996 and so the covenants are governed by a mixture of statute and common law. The first and second floor leases were granted in 2001 after the coming into force of the Landlord and Tenant (Covenant) Act 1995 and are dealt with under this statutory regime. Ground Floor On the facts the...
    2,686 Words | 8 Pages
  • leasing - 4008 Words
    LEASING: Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets. The relationship between the tenant and the landlord is called a tenancy, and can be for a fixed or an indefinite period of time (called the term of the lease). The consideration for the lease is...
    4,008 Words | 10 Pages
  • How landlords can steer clear of bad tenants
    Article 1: How landlords can steer clear of bad tenants The article entitled “How landlords can steer clear of bad tenants” was published in The Globe and Mail’s edition. This article is from Canadian Real Estate Wealth Magazine. This article deals with the relationship between landlord and tenant. It tells us what kind of problems landlords may have to face when they rent their real estate property to someone who is rude and denying to pay the rent. Bad tenants are the most obvious...
    591 Words | 2 Pages
  • Tenancy - Nsw Fair Trading
    Tenancy Living in a rental property means that a tenant has entered into a ‘residential tenancy agreement’ with a landlord. The CTTT's Tenancy Division deals with disputes between landlords and tenants who have entered into such an agreement. Agreements can be between private landlords and private tenants. The Residential Tenancies Act 2010 does not apply to hotels and motels, boarders and lodgers, protected tenancies, and commercial or retail tenancies. Residential tenancy agreements...
    2,563 Words | 8 Pages
  • Lease Agreement - 2088 Words
    Team Project Contract-Lease Assignment This Residential Lease Agreement (hereinafter “Lease”) is entered into this the 10-01-11, by and between the Lessor: George Murphy, (hereinafter referred to as “Landlord”), and the Lessee(s): Benjamin Potter for the Potter Corporation. All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. 1. GRANT OF LEASE: Landlord does...
    2,088 Words | 7 Pages
  • Purchase Equipment vs Leasing
    Faraway Township Assessor Office April 8, 2011 Carol Calhoun Faraway Township Assessor 55662 North Haven Dr Faraway, IL 60003 Dear Mrs. Carol Calhoun, Here is the report and research you asked me to complete. It compares and contrast purchasing computer equipment from leasing the equipment. I also included my recommendations on what and how our Township would benefit from. If you have any other questions or concerns with my findings or research, please feel free to ask....
    1,549 Words | 6 Pages
  • Hermes: Simbol Imperium Kesenjangan Ekonomi Sosial Indonesia
    Dragonfly Corporation Situational analysis Dragonfly is teenage clothing store owned by Janet and Michael Thompson. They perceived teenage’s market to be an obvious market niche. The Thompson were not particularly worried about financing their new venture. Janet’s parents had expressed willingness to finance their new venture called Dragonfly. Janet’s family decided to give the company authorization to issue 50.000 shares of stock with a par value $1. Initially 27.200 shares were issued,...
    813 Words | 3 Pages
  • Appointment Letter Format - 736 Words
    AGREEMENT FOR LEASE This agreement of lease executed at Chennai 1st December 2012 between Mr. M.HARI DASS Aged about 67 years residing at No.21, 1st Street, Sivagamipuram, Thiruvanmiyur, Chennai – 600 041. hereafter called as the “LESSOR” (which expression shall wherever the context so permits mean and include heirs, executors, administrators, legal representative and assigns) of the one part. And Mr.V.Sekar aged 55, S/O V.R. Narasimhan...
    736 Words | 3 Pages
  • Residential Tenancy Agreement (Ontario)
    Print Form Clear Form Agreement to Lease Residential 11 Times-Roman for use in the Province of Ontario Form 400 This Agreement to Lease dated this.................................................................................. day of...................................................... 20.................. TENANT...
    1,657 Words | 5 Pages
  • Home Reading Report - 514 Words
    CONTACT OF LEASE TO WHOM IT MAY CONCERN: This contract of lease, made and entered into by and between legal age, Filipino, Single/widow/married, with residence at , herein after referred to as the LESSOR. -and- Of legal age, married, Filipino single/widow/married/ with residence at Philippine hereafter to as the LESSEE. -WITNESSETH- WHEREAS, the LESSOR are the registered owner of a building located at corner Gentica-Meliza St., Igbaras, Iloilo, Philippines....
    514 Words | 3 Pages
  • Salon Design and Build - 813 Words
    Senior Project @ Cosmo Beauty Academy “Salon Design & Build” By Thomas Blazak & Felicia Rosales The purpose of this essay is to inform you of how we would build a booth rental salon in an existing building. In this essay you will find the projected overall cost of the tenant improvements to the existing building, the projected start up cost of the new salon, and the overall budget analysis of income vs. expenses. We will start with a generalized business plan of operating a...
    813 Words | 3 Pages
  • Lease and Hire Purchase - 1292 Words
    SYMBIOSIS LAW SCHOOL, PUNE Constituent of Symbiosis International University, Pune (Accredited by NAAC (UGC) with `A’ Grade) Managerial Economics Internal Assessment REPORT ON ‘LEASE AND HIRE PURCHASE COMPANIES’ Submitted by SIVAGNANAM KARTHIKEYAN ROLL NO: 135 DIV ‘B’ BBA. LLB. BATCH 2013-18 LEASING A lease transaction is a commercial arrangement whereby an equipment owner or Manufacturer conveys to the equipment user the right to use the equipment in return for a...
    1,292 Words | 4 Pages
  • Example of House Rental Agreement
    RENTAL AGREEMENT 1. The Landlord has agreed to let and the Tenant(s) to rent a Premises for a fixed period of 12 months commencing from ______________ to ______________. 2. Monthly rental is _______________ and payable in advance to the landlord by the representing 1 month rental in advance of _______________,2 month deposit of _____________ AND Utility Deposit (for the supply of electricity & water ) of ______________ upon signing of this Tenancy Agreement. 3. The above...
    475 Words | 3 Pages
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