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On the issue of material participation in LLCs there are only the Gregg (U.S.D.C. Oregon 2000) and Assaf [6] cases. These cases generally seem to agree that the least onerous test for qualifying for material participation for an LLC member is the same as that for a General Partner in a Limited Partnership, or 100 hours annually. [citation needed]
If the lessor gives the lessee a cash allowance for improvements, this is treated as a reduction of rent and amortized over the lease term. Lease Bonus: Prepayment for future expenses. Classified as an asset; amortized using the straight-line method over the life of the lease. Rent Kicker, or Percentage Rent: Common in retail store leases.
Concerted activity taken on behalf of non-employees is not protected activity. [14] In the case of Orchard Park Health Care Ctr ., 341 N.L.R.B. 642 (2004), the nursing home staff's concerns and complaints to their employer about the living conditions for their patients were not protected because their complaints were not for the mutual aid of ...
YORK, Maine — Voters will be asked in May to approve a new ordinance regulating residential short-term rentals like those listed on Airbnb and Vrbo.. The Selectboard voted 4-1 Monday to forward ...
From insurance to evictions, the Southern Colorado Residential Rental Association helps landlords navigate industry regulations. Pueblo, Southern Colorado landlords lend each other a hand with ...
Rent-seeking is an attempt to obtain economic rent (i.e., the portion of income paid to a factor of production in excess of what is needed to keep it employed in its current use) by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.
For Residential building, Annual rent can be 6 to 9 per cent of total cost of the building at the time construction. For Non Residential building, Annual rent 9 to 12 per cent of total cost of the building at the time construction. Maintenance charges can be 10 per cent of the rent. Tenant need not pay the owner for property tax.
Structure of simple mudaraba contract [11]. Mudarabah is a partnership where one party provides the capital while the other provides labor and both share in the profits. [12] [13] The party providing the capital is called the rabb-ul-mal ("silent partner", "financier"), and the party providing labor is called the mudarib ("working partner").