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The resort is within Virgin Islands National Park, on property once owned by Laurance Rockefeller, and operates under a unique agreement with the US National Park Service. The RUE (retained use estate) agreement (which Rockefeller himself drafted language for) enables the resort to operate with a unique tax-free, rent-free status since 2004. [1 ...
Map of the United States Virgin Islands. This is a list of the buildings, sites, districts, and objects listed on the National Register of Historic Places in the United States Virgin Islands. There are currently 91 listed sites spread across 16 of the 20 subdistricts within three islands/districts of the United States Virgin Islands.
Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a ...
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 credit tenant lease (also known as a "bondable lease") is a method of financing real estate. [1] [2] A "credit tenant lease" is a lease from a landlord to a tenant that carries sufficient guarantees that lenders will perceive the rent cash flows from the lease are as reliable as a corporate bond. This typically requires that the tenant have ...
Saint John (50 km 2 (19 sq mi)) is the smallest of the three main US Virgin Islands. [4] It is located about four miles east of Saint Thomas , the location of the territory's capital, Charlotte Amalie .
The historic Estate Catherineberg, a former sugar plantation outside Charlotte Amalie on St. Thomas, had previously served as a residence for the Governor on that island while the Governor's working offices remained in Government House, Saint Thomas. Catherineberg is no longer used as a residence, however, and Government House is again the ...
Percentage rent, or a percentage lease, is a type of lease seen in commercial real estate. It is a rental charge based on the gross income of the tenant rather than a fixed monthly or annual value. In most examples, the percent rent only applies after a certain amount of base rent has been paid.
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