Search Results - Lessee
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A lease is a contract conferring a right on one person (called a tenant or lessee) to possess property belonging to another person (called a landlord or lessor) to the exclusion of the owner landlord, and all others except with the invitation of the tenant. It is a rental agreement between landlord and tenant. [1] The relationship between the tenant and the landlord is called a tenancy, and the right to possession by the tenant is sometimes called a leasehold interest. A lease can be for a fixed period of time (called the term of the lease) but may be terminated sooner. The consideration for the lease is called rent or the rental. A lease should be contrasted to a license, which may entitle a person (called a licensee) to occupy property, but which is subject to termination at the will of the owner of the property (called the licensor). Under normal circumstances, owners of property are at liberty to do what they want with their property, including dealing with it or handing over possession of the property to a tenant for a limited period of time. However, if an owner has surrendered possession to another (ie the tenant) then any interference with the quiet enjoyment of the property by the tenant in lawful possession is itself unlawful. Similar principles apply to real property as well as to personal property, though the terminology would be different. Similar principles apply to sub-leasing, that is the leasing by a tenant in possession to a sub-tenant. The right to sub-lease can be expressly prohibited by the main lease.
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Showing 1 to 22 of 22 Articles matching 'Lessee' in related articles. |
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1. Heavy Equipment Mortgages
October 26, 2009
Sometimes referred to as a “goods mortgage”, this product is simply a mortgage over capital equipment where the financier gives the lessee “cash” to purchase a tangible asset, which becomes the subject of the mortgage. A fixed charge over the asset is registered on the ASIC report of the borrowing entity/company, which has to be paid out in full and removed by the lender prior to future sale of the asset.
Advantages and Disadvantages of a Chattel Loan
Advantages
• Tax ownership of equipment with lessee, therefore allowing the lessee to claim GST back in full in next BAS statemen... (read more)
Author: Paul Jennings
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2. The Equipment Lease Calculator - Know your Lease Amount
September 25, 2009
Leasing is a valuable alternative for growing businesses. Equipment leasing gives us:
1. Maintain Capital Strength 2. Efficiency 3. Flexibility 4. Obsolescence Protection 5. 100% Financing 6. Customized solutions 7. Asset Management 8. Tax Advantages
When you are leasing equipment for your business such as computers, heavy construction equipment, used medical equipment or and farm equipments, you may qualify for benefits that you may not have known existed.
About The Equipment Lease Calculator
As a business lessee, you probably want to know approximately... (read more)
Author: Sanjana Sharma
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3. Tenant Loans - Less Burden and Risk Free Fiannce
September 24, 2009
Tenants or owners are not people who do not own the property with his name and then a loan is a bit 'difficult, as lenders see them at-risk borrowers. Loans tenants are not meant primarily for the tenants or homeowners, and then the lender can approve the loan without putting obstacles. Car loans tenant can be used for a particular purpose, such as buying, enjoying holiday tour, clearance, debt consolidation, etc.
Tenant loans are unsecured loans approved without the safety of tenants. Tenant loans are only on the basis that the lessee has the option of low-interest loan repayment on time... (read more)
Author: Alfred Madrona
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4. Before You Rent Your Move - Consider a Few Things
September 21, 2009
In general terms, what is rental? It is an agreement between the lesser (the owner of the property) and the lessee (party paying to use the property) and where a payment is made for the temporary use of a good or property. One can rent anything for anything. Here we are particularly talking about the car and truck rentals. For what major reasons anyone will opt for Car rental or Truck rental in Auckland. The reason could be for business purposes, i.e. transportation of goods or some personal like moving from present location to another, going for a vacation etc.
The possible things to be ... (read more)
Author: Sanjana Sharma
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5. Oil and Gas Lease Negotiating - Top Ten Points to Remember
September 01, 2009
Oil and gas leases need to be carefully drawn between the lessor, the owner and the lessee, the producer. Ten important points governing oil and gas leases are discussed.
1) The credentials of the lessee need to be checked. Often, it’s an agent, who negotiates the lease on behalf of the company that will finally buy the lease. You have to ensure that firstly the agent is legally empowered to negotiate. Secondly, check the background of the company and the experience it enjoys especially in your area.
2) Make out the terms of the lease. Bid for the highest bonus amount. The primary ... (read more)
Author: Anirban Bhattacharya
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6. Unsecured Loan For Closing On A Car Leasing Contract
August 05, 2009
Many choose leasing contracts as a form of obtaining a car due to not being able to afford the monthly payments on a car loan or because they don’t meet the requirements for approval. However, with leasing, the car remains property of the financial institution and thus if you want to keep the car when the contract ends, you’ll need to put money down. That’s when an Unsecured Loan can come in handy.
The lease payments can be considered part of the purchase price if you decide to keep the car. Yet, you’ll have to make a lump sum payment to the financial institution. The amount for an averag... (read more)
Author: Melissa Kellett
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7. Temporary Housing Los Angeles Is Easy To Find
June 22, 2009
When in need for a temporary Los Angeles residence, a sublet apartment might be the best answer. Subletting is the ideal solution for anyone looking to avoid all the headaches of renting an apartment, and with no doubt a better alternative to living in a hotel room. Subletting an apartment gives you the flexibility you surly need during this temporary relocation, while leaving the tenant responsible for the rent.
In a sublet deal, the lessee rents the apartment to a third party for a certain period of time, while remaining in charge of the rental contract with the landlord. This gives you... (read more)
Author: Ted Baker
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8. Miami Real Estate - 5 Tenants To Avoid
May 26, 2009
Renting in the Miami real estate market can be an overwhelming and challenging experience. The best way to avoid bad paying tenants is by not renting to them in the first place. The landlord must avoid renting to tenants that have evictions, bad credit, no rental stability, no deposit, and must move in the same day.
Miami real estate rental market – 5 tenants to avoid renting to
1. Evicted – Avoid a tenant has been recently evicted or worse evicted more than once. The tenant is an expert in the eviction process. This lessee will stay in the property until the end. The Sheriff is the... (read more)
Author: hector Lesende
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9. Know the Right Way to Lease Your Cars
April 30, 2009
Adding to the comfort and convenience in terms of meeting the urgent and immediate requirements many companies and individuals have a preference for car leasing rather than the ownership due to multiple factors.
The most important aspect of car leasing is that the lessee does not own the car and is required to return it at the end of the car leasing term. In car leasing there are many propositions that need to be taken complete care of.
First and foremost, there is no lump sum payment to be made up front with car leasing as in the case of buying a car where there is usually at least... (read more)
Author: jessica thomson
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10. Pros of vehicle leasing
March 26, 2009
People who are fond of driving new cars with less monthly installments can live their hobby now. Vehicle leasing is a very effective method for short-terms. With a number of other advantages, this method is very economic also. First of all, in this method, loan payment is very easy as the total price of the vehicle is reduced by 30-60%. Monthly installments are very economical. Customers can use new brands of cars after every short period of time. Lessee need not pay any sales charges except for the usage charges. If the lease period is shorter than the warranty period of the vehicle, then a... (read more)
Author: jessica thomson
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11. Avail yourself of no checking ever fast loans if you are job-seeking and lessee
January 19, 2009
Miserable people who continue hunting for the desirable job and in the course of searching job, they get buried under the assorted debts for managing the bread and butter for their family sake. If you desire to go in for the reasonable charging interest rate with instant approval, lenders are here in catering you fast Loans Unemployed no checking, really enormous sources of swift loans are for jobless and homeless folks who are shoddily cursed with bad credit records. That’s why; paying guest and job-seekers are extremely hesitant by the nature during the time of applying for the loans if thei... (read more)
Author: Andrew Smith
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12. ‘Lease Option' The Most Effective Way to Pull Tenants
November 10, 2008
Finding the ideal occupant can be a difficult job for a landowner but most property-owners are unaware of the fact that the biggest tool to attract tenants has always remained at their disposal. 'Lease Option', a term used for a lease contract in which the lessee is given with the option to buy the property is an effective way to pull tenants towards your estate. In a ‘Lease Option’ agreement the tenant has to pay the stated rent to the landlord but after the term of the contract concludes the occupant has the option to buy the property. While many landlords have undue misapprehensions regardi... (read more)
Author: Jeffery Hollyhand
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13. Audio Visual Equipment Leasing
October 07, 2008
Obtaining the fixed assets for a period of time is what leasing is all about. There is hiring leasing and finance leasing. While we talk about broadcast or audio visual equipment leasing we would usually refer to hiring leasing. Talking about leasing it is important to know that lessee is the person who takes the equipment or any other property into lease and lessor is the person who is into the business of selling or leasing of the equipment.
There could be various reasons why one can go for audio visual equipment leasing. The prime among them could be related to the asset management. Wh... (read more)
Author: rajan mr
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14. Banking/Lending Changes, Commercial Vehicles and Construction Equipment
July 24, 2008
As the economy has weakened and defaults have occurred at all levels, lenders Have put themselves into a very difficult position how to do business. On one hand, the lender has taken back tremendous amounts of repossessions due to default of payments or non-compliance of terms with the lease. The lessee can't afford to make payments when the revenue base isn't there and the costs of doing business has sky rocketed. The lessee has either walked away from his obligation to pay the lender or the lender has taken back the acquisition. Either way, everybody is a loser and the future looks no bright... (read more)
Author: J.M Luna
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15. Lease Option
May 12, 2008
Lease with option to purchase, in short, is termed as lease option or lease purchase. For residential real estate, it is a contract between the lessee and the lessor. During the term of the contract, the lessee or the tenant has to pay rent to the lessor or the landlord, so that the lessee would be able to live or use the residential property as his or her home. After the term of the contract, the tenant or the lessee has the option to buy the residential property from the landlord or the lessor. Usually, those who wanted to to have a residential property, but, could not afford to buy one... (read more)
Author: Joan Rose Castillo
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16. Samaritan Partners' Real Estate Leasing
February 15, 2008
Facing foreclosure? Needs immediate cash for your home equity? Then, Samaritan Partners is the solution to your problem! Samaritan Partners give options to homeowners having trouble with their property mortgages, with the Real Estate Leasing; Samaritan Partners will help you solve your problem. What is Real Estate leasing? Real Estate leasing is to rent and occupy a property, might it be a house, an apartment, condos, buildings, etc, for a definite period of time and for a certain amount of money as agreed between the lessee and the lesser. Business owners and home owners alike could avai... (read more)
Author: urle andoy
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17. An Introduction to the World of Equipment Leasing
January 02, 2008
Basically, leasing itself is the act of the owner of the property to let another person to use that property for a pre-agreed upon period of time in exchange for a pre-agreed upon amount of compensation. It may apply to land, or it may apply to movable property – in this case, we are interested in equipment leasing, or leasing of movable equipment. The person who really owns the movable equipment is called the lessor while the person who agrees to the equipment leasing terms of the lessor is called the lessee.
Under an equipment leasing contract, the lessee will gain exclusive rights to u... (read more)
Author: Bob Newman
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18. The Benefits of Business Equipment Leasing
January 02, 2008
You can tell a newcomer to the business world (or someone without much experience) by the way they start investing in new equipment heedlessly. A veteran (or someone who has a much more experienced business person to guide him) would know that there are times when you can resort to Business Equipment Leasing instead to save on money that could go further when spent on other needs of the business instead.
Business Equipment Leasing is like other forms of equipment leasing in that you lease your equipment from the owner (or lessor) in exchange for paying for them during the time you are lea... (read more)
Author: Bob Newman
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19. Triple Net Proeprties and Your Investment
February 25, 2007
Commercial real estate offers multiple ways to be involved. Besides just a standard lease agreement, there are other options. One of the most popular forms of property in commercial real estate is the triple net or NNN. These are most common with freestanding commercial buildings.
An NNN agreement is basically a way for the investor to transfer more of the costs to the tenant. The lessee has much more responsibility than in a standard lease agreement. The tenant is now in charge of three main areas of the property. They must pay all real estate taxes. This is normally paid for by... (read more)
Author: Tony Seruga, Yolanda Seruga and Yolanda Bishop
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20. What You Need to Know About Your Real Estate Rental
September 27, 2006
What You Need to Know About Your Real Estate Rental
Often a rental agreement is called a lease, especially if your renting real estate or immovable property such as building. You may rent real estate to park vehicle(s), storage, office/business space, agricultural, institutional, or government use, and of course housing. Basically the rental agreement will state who, what, when, and how much.
As the tenant or lessee, you may be required to state who will be living with you, whether its a roomate, family, or others. Also, the rental agreement will have the landlord's or lessor's pol... (read more)
Author: Nicholas Copernicus
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21. Benefits of Leasing Equipment
April 28, 2006
Leasing equipment provides the lessee with all the following benefits of utilizing the equipment without having to pay the up-front costs or assuming the risk of ownership. A lease is one of the best ways for businesses to stay on top of the development curve. With so many new developments that occur (particularly in the technology areas) equipment leasing is less financially expensive. Running a business means making sound financial decisions that improve the condition and quality of a business. Equipment leasing provides such a benefit along with: Minimal Cash Outlay Overcomi... (read more)
Author: David Johnson
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22. Fast Cash Leasing
March 01, 2006
Leasing is an arrangement that provides a firm with the use and control over assets without receiving title to them. A leasing is a written agreement allowing the use of the assets for a specific period of time. The lease is signed by both the owner of the assets (the "lessor") and the user (the "lessee"). A contract of lease may be defined as a contract whereby the owner of an asset grants to another party the exclusive right to use the asset usually for an agreed period of time in return for the payment of rent.There are four types of fast cash leasing. The short term and cancelable lease ag... (read more)
Author: Kevin Stith
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