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Dilapidation is a term meaning a destructive event to a building, but more particularly used in the plural in English law for the waste committed by the incumbent of an ecclesiastical living the disrepair for which a tenant is usually liable when he has agreed to give up his premises in good repair.
It is common for landlords to take a dilapidation deposit from a tenant at the start of the tenancy. The deposit acts as a safeguard should the tenant cause any damage to the property. Some unscrupulous landlords are either very slow to return deposits at the end of the tenancy or make unfair deductions.
Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. [1]
Republican President-elect Donald Trump has pledged to reshape U.S. policy with a blizzard of executive orders within hours of taking office next week. Here is a look at what the president can and ...
Victims of the Palisades Fire are suing the Los Angeles Department of Water and Power for hampering firefighting efforts.
(The Center Square) – Real estate experts say California’s anti-price-gouging laws could make it impossible to rent out housing to the thousands of families displaced by the ongoing wildfires ...
An Asset Retirement Obligation (ARO) is a legal obligation associated with the retirement of a tangible long-lived asset in which the timing or method of settlement may be conditional on a future event, the occurrence of which may not be within the control of the entity burdened by the obligation.
A Measure passed by the General Synod of the Church of England to make provision, including provision for the vacation of the benefice, where there has been a serious breakdown of the pastoral relationship between an incumbent and his parishioners or where an incumbent is unable by reason of age or infirmity to discharge adequately the duties ...