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Courts have generally held that the notice be given within a "reasonable time" but not necessarily simultaneous with termination of the lease. For example, in North Bay T.V. and Audio Ltd. v Nova Electronics Ltd. Et Al., [9] a statement of claim about six weeks after the tenant terminated the lease was held to be within "reasonable time".
[[Category:Nissan timeline templates]] to the <includeonly> section at the bottom of that page. Otherwise, add <noinclude>[[Category:Nissan timeline templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character.
Template: Modern North American Nissan vehicles. 4 languages. ... Download QR code; Print/export Download as PDF; Printable version; In other projects Wikidata item;
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At the same time, the asset is depreciated. If the lease has an ownership transfer or bargain purchase option, the depreciable life is the asset's economic life; otherwise, the depreciable life is the lease term. Over the life of the lease, the interest and depreciation combined will be equal to the rent payments.
A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
General Motors of Canada Limited v City National Leasing: Citations: 1989 CanLII 133 (SCC), [1989] 1 SCR 641: Docket No. 19724 [1] Prior history: APPEAL from a judgment of the Ontario Court of Appeal, (1986), 28 DLR (4th) 158, allowing in part an appeal from a judgment of Rosenberg J, (1984), 12 DLR (4th) 273. Ruling
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