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Though tenants did not receive any compensation for inconvenience or pain and suffering, the owners and property managers were punished for failure to make necessary repairs and defying the judge ...
Repair and deduct is a principle of landlord–tenant law in the United States regarding a tenant's legal right to repair defects or damages that the landlord has neglected to repair, and then deduct the value of the repair (parts, labor, etc.) from the next rent payment. [1]
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
In some states, the tenant has the right to cancel the lease and move out if the defects are severe enough and the landlord has not made repairs in a reasonable amount of time. Tenants who want to cancel their leases should seek the counsel of an attorney or a governmental agency devoted to landlord tenant issues to ensure that the conditions ...
Utility bills cover essential household services such as electricity, sewer, water, trash pickup, phone, internet and gas. The bills can add up -- a GOBankingRates study found that 30% of Americans...
Usually, utility submetering is placed in situations where the local utility cannot or will not individually meter the utility in question. Municipal Utility companies are often reluctant to take on metering individual spaces for several reasons. One reason is that rental space tenants tend to be more transient and are more difficult to collect ...
By Tom Hals (Reuters) - Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them to collect from their power ...
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.