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Post Properties, Inc. was a publicly traded real estate investment trust headquartered in Atlanta, Georgia that invested in apartments. As of December 31, 2015, the company owned interests in 24,162 apartment units in 61 communities. [1] In 2016, the company was acquired by Mid-America Apartment Communities.
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
Easements are legal agreements that grant specific usage rights to a third party, such as a utility company to access poles on your land or a neighbor to use a passageway. Understanding your ...
Housing First is an approach that offers permanent, affordable housing as quickly as possible for individuals and families experiencing homelessness, and then provides the supportive services and connections to the community-based supports people need to keep their housing and avoid returning to homelessness.
Under a typical subprime mortgage made during the housing boom, a $500,000 loan at a 5.5% interest rate for 30 years results in a monthly principal and interest payment of approximately $2,839.43. In contrast, the same loan at 8.5%, under a typical 3% adjustment cap for 27 years (after the adjustable period ends), results in a payment of about ...
The two paid $34,200 for a piece of land which they rented to their corporation for $76,960 annually in a 99-year lease, so that if the apartment they built on it ever defaulted, the FHA would owe them $1.924 million. Trump and Tomasello evidently obtained loans for $3.5 million more than Beach Haven Apartments had cost.
Under US law and the laws of most other developed countries, derivatives have special legal exemptions that make them a particularly attractive legal form to extend credit. The strong creditor protections afforded to derivatives counterparties, in combination with their complexity and lack of transparency however, can cause capital markets to ...
Governments around the world spend $600 billion a year on fossil fuel subsidies. We need to spend that money on clean energy, not on making dirty fuel cheaper. If mutual funds, pension funds and insurance companies invested just 5 percent of their portfolios in green energy, it would mean an extra $450 billion a year for that sector.
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