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A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
The company also sought to sell its lease of the land. [ 166 ] [ 167 ] That December, Zeckendorf obtained a $25 million mortgage loan from a pension fund of the Teamsters Union . [ 168 ] [ 169 ] [ 170 ] Zeckendorf secured the loan by giving the Teamsters Union his lease of the park's 149-acre (60 ha) site, an adjacent 258-acre (104 ha) plot in ...
On June 4, GSA reached a final agreement with The Trump Organization regarding redevelopment of the Old Post Office building. [145] The Trump Organization negotiated a 60-year lease [145] [146] under which it paid $250,000 in rent per month, with annual increases tied to the Consumer Price Index.
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The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
Startled awake, mom discovers her son is shot. As Givens snapped awake, her son Destin was screaming, his right hand bleeding. Givens’ .22-caliber Glock handgun lay on the floor nearby.
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