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Action step: Check the lease for clauses on maintenance, repairs or habitability. Look for any mention of natural disasters or forced evacuations that could affect rent requirements.
In commercial real estate, a tenant inducement (TI) is some sort of consideration given by a landlord in order to attract a new tenant or have an existing one renew their lease. Depending on the contents, the concept may be known as a concession or rent abatement, instead of inducement. There are several different forms of inducements.
Nuisance abatement is a growing area within policing and code enforcement. The term refers to using building codes, fire codes, zoning, etc. in order to improve the quality of life and resolve life safety issues within neighborhoods. Nuisance abatement programs are most often a component of problem oriented or community policing programs.
Abatement refers generally to a lessening, diminution, reduction, or moderation; specifically, it may refer to: 421-a tax abatement , property tax exemption in the U.S. state of New York Abatement ab initio , a legal doctrine that, if the accused dies before appeals are exhausted, the conviction gets vacated
Sep. 12—(StatePoint) Nearly one-third of U.S. homes are at a high risk of damage from a natural disaster, according to CoreLogic. September is National Preparedness Month.
Homes need repairs and maintenance over time, and when you’re renting, those costs are generally the landlord’s responsibility. For instance, in an apartment, if the HVAC system or ...
The concept of home improvement, home renovation or remodeling is the process of renovating, making improvements or making additions to one's home. [1] Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property (i.e. garden work or garage maintenance ...
The basic distinction in common law systems is between real property (land) and personal property (chattels). Before the mid-19th century, the principles governing the transfer of real property and personal property on an intestacy were quite different. Though this dichotomy does not have the same significance anymore, the distinction is still ...