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The obligations of renters and landlords

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16y ago

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Can a Lease be assigned with the exclusion of the landlord and tenant act?

All leases are signed IN ACCORDANCE with the Landlord and Tenant Act in your state. Such leases may not contain clauses or terms that are unconscionable or violations of such Act.


What words can be made with the letters in leases?

leases


If a company leases equipment to other companies and records these leases as operating leases rather then a capital lease will assets be higher?

If a company records leases as operating leases rather than capital leases, its assets will generally be lower on the balance sheet. Operating leases do not appear on the balance sheet as assets or liabilities, while capital leases require the lessee to recognize the leased asset and corresponding liability. Therefore, classifying leases as operating leases results in a lower asset base compared to capital leases, which inflate the asset figures.


What are the two types of leases?

The two types of leases are operating leases and capital leases. Operating leases are typically short-term and allow a company to rent assets without transferring ownership, while capital leases are long-term and often involve transferring ownership of the asset to the lessee at the end of the lease term.


Is it possible to sign leases electronically?

Yes, it is possible to sign leases electronically.


How do commercial leases differ from residential leases?

Commercial leases are generally locked up for a much longer term then residential leases, and it's much, much harder to break a commercial lease. One big difference between commercial leases and residential leases that a lot of people don't realize is that commercial leases are not subject to many of the consumer protection laws that residential leases are. Make sure you know what you're getting into before signing. Most commercial leases are NNN which require the lessee to pay all utilities, insurance, and property taxes. Most residential leases are on a Gross rental basis and do not directly pay NNN charges. Commercial Appraiser http://www.harriscompanyrec.com


What has the author Shawn D Halladay written?

Shawn D. Halladay has written: 'A guide to accounting for leases' -- subject(s): Accounting, Industrial equipment leases, Leases


Are automobile lease payments tax deductible?

Not on personal leases, sometimes on business leases (as an expense).


What are the types of leases?

Two types of leases are the open ended lease and the fixed term lease.


Are all finance leases going to be reported as operating leases?

what does yes meean it means a cmaned


Do you use an apostrophe in leases?

No


What has the author Malcolm Brahams written?

Malcolm Brahams has written: 'Commercial leases' -- subject(s): Commercial leases '\\'