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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.
For 2008 and 2009, the Cubs worked out an agreement with the Chicago Board Options Exchange to allow the CBOE to auction some 70 box seat season tickets and award naming rights to them. [ 124 ] For the 2009 season, the Cubs announced that the renovated restaurant space in the southeast corner of Wrigley Field, formerly known as the Friendly ...
The tenancy agreement for real estate is often called a lease, and usually involves specific property rights in real property, as opposed to chattels. In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues.
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
Follow on the heels of the TIF Sunshine Ordinance is the City Asset Lease Disclosure Ordinance, introduced by Alderman Flores on May 13, 2009. [5] The ordinance would publish and track documents pertaining to City asset lease agreements worth more than $10 million, such as the leasing of the Chicago Skyway, the Chicago Downtown Public Parking ...
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
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