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7 December 2021 | 6 replies
The landlord, or any person authorized to enter into a rental agreement on his or her behalf, shall disclose to the tenant in writing at or before the commencement of the tenancy: (a) The name and address of: (1) The persons authorized to manage the premises; (2) A person within this State authorized to act for and on behalf of the landlord for the purpose of service of process and receiving notices and demands; and (3) The principal or corporate owner.
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28 January 2020 | 0 replies
The way I see it, as it is now below 50% business use we should commence depreciation recapture for 2019 (and onwards until we convert it into the primary residence or we’ve recaptured all the depreciation), and as such should recapture the average annual depreciation each year.... or am I missing something..?
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10 February 2020 | 4 replies
I formed an LLC, and put a lien against the property for the $11,000 plus interest a month after we had already commenced work and had spent over half the 11k (VERY stupid and would never do again!!)
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18 March 2020 | 4 replies
My lease has a clause that I could add utilities to if needed:APPLICATION OF PAYMENTS: All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: First to any outstanding amounts due by Tenant to Landlord for damages/repairs; Second, to any outstanding service charges and fees from prior months; Third, to any rent outstanding from prior months; Fourth, to any service charges or fees due in the current month; and lastly to the current month's rent.
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27 March 2020 | 6 replies
I think you're on the right track with seller financing for 1 year until things cool over and can commence with the project.
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31 March 2020 | 2 replies
Accordingly, at the Tenant’s sole cost, risk, and expense, the Tenant herewith agrees to be responsible for replacement of the air filter (or, cleaning if the filter is a “reusable” or “washable” type of air filter) not less than every six months from the commencement date of the tenancy.
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22 April 2020 | 9 replies
You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).
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9 April 2020 | 24 replies
I believe the freeze is only effective for the period of 14 days commencing on March 28.
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27 April 2020 | 4 replies
The contract says:Completion TimeA: The parties agree that time is of the essence and therefore the work to be performed under this contract shall be commenced on or before the 2nd day of March and shall be substantially completed on or before March 31st.
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29 February 2020 | 26 replies
Thanks for your replies.Here is the TERM section of the lease:---------------------------Term: The term of this lease shall be for "one year" (duration) commencing 01-01-2019(date) and expiring at 11:59 PM Eastern Time 12-31-2019 (date (the “Initial Term”).Either Landlord or Tenant may terminate the tenancy at the expiration of the Initial Term by giving written notice to the other at least 30 days prior to the expiration date of the Initial Term.This notice shall contain a definitive move-out date after which the Tenant must have completely vacated the property.