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The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.
The lease term and rental rate are based on the new investor/landlord's financing costs, the lessee's credit rating, and a market rate of return, based on the initial cash investment by the new investor/landlord. The reasons and advantages for a seller/lessee are varied, but the most common are:
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.
A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.
Bali (English: / ˈ b ɑː l i /; Balinese: ᬩᬮᬶ) is a province of Indonesia and the westernmost of the Lesser Sunda Islands.East of Java and west of Lombok, the province includes the island of Bali and a few smaller offshore islands, notably Nusa Penida, Nusa Lembongan, and Nusa Ceningan to the southeast.
The province of Bali in Indonesia is divided into kabupaten or regencies, which in turn are divided administratively into districts, known as kecamatan. The province of Bali is divided into 8 kabupaten plus 1 independent city , together divided into 57 kecamatan, in turn sub-divided into 80 urban villages and 636 rural villages . At the 2020 ...
Karena semua dibiayai menggunakan dana negara jutaan rupiah, baginda maharaja bijaksana, sang mahaguru sastra bahasa Kawi, mahasiswa-mahasiswi perguruan swasta, duta-duta negeri mitra dan suami/istrinya, Menteri Kebudayaan dan Pariwisata, karyawan-karyawati perusahaan ketenaga kerjaan, bupati budiman, beserta anggota lembaga nirlaba kewanitaan ...
Law of Indonesia is based on a civil law system, intermixed with local customary law and Dutch law.Before European presence and colonization began in the sixteenth century, indigenous kingdoms ruled the archipelago independently with their own custom laws, known as adat (unwritten, traditional rules still observed in the Indonesian society). [1]