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If you’re planning to move into a new apartment, chances are you might be considering whether to sign a short- or long-term lease.. Take a Look Back: 2022 Year in Review Read: 5 Things You Must ...
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 use of a Good Guy Clause allows a renter to be released from liability of the lease if a rental is terminated early, giving tenants less apprehension regarding signing a time bound lease, and satisfying the landlord's worries about reclaiming their space "in the same condition in which they would have been had the lease expired in ...
Connor Martinez, the director of legislative affairs in the mayor's office, sent an email on Nov. 12 to the concerned councilmembers confirming the city lease at 14 Wall Street had been paused ...
The vacancy increase for a one-year lease is less by the approved percentage difference in lease increases between one- and two-year leases. Changed the amortization period for major capital improvements from 84 months to 96 months in buildings with less than 35 units and changed the amortization period for major capital improvements from 84 ...
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
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related to: multiple year contract versus multi month lease form nyc free