...New Mexico 30 Day Notice to Terminate Rental Agreement New Mexico 30 Day Notice to Terminate Rental Agreement is an instrument used by a landlord to initiate legal eviction of a tenant with no-cause or good-cause grounds. However, it is necessary to serve this notice 30-days prior to the date of eviction. The landlord must retain two or more copies of this form for use in the court during a legal petition filed for eviction. This legal document is in line with the sections 47-8-33, 47-8-37 of NMSA 1978 and Uniform Owner-Resident Relations Act. It is equally applicable to apartments and mobile home parks with 12 units or less. Please understand that mentioning the name of the person serving, mailing, or delivering this termination notice is mandatory by New Mexico law. A landlord...
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...Residential Tenancy Branch Important Notes: Residential Tenancy Agreement #RTB–1 The Residential Tenancy Branch (RTB) is of the opinion that this Residential Tenancy Agreement accurately reflects the Residential Tenancy Act (RTA) and accompanying regulations. The RTB makes no representations or warranties regarding the use of this Agreement. A landlord and tenant may wish to obtain independent advice regarding whether this agreement satisfies their own personal or business needs. For the rental of a manufactured home and a manufactured home site under a single tenancy agreement, use this agreement form. For the rental of a manufactured home site use the Manufactured Home Site Tenancy Agreement. The words tenant and landlord in this tenancy agreement have the same meaning as in the Residential Tenancy Act (RTA), and the singular of these words includes the plural. In this tenancy agreement, the words residential property have the same meaning as in the RTA. Residential property means a building, a part of a building or related group of buildings, in which one or more rental units or common areas are located; the parcel or parcels on which the building, related group of buildings or common areas are located; the rental unit and common areas and any other structure located on the parcel or parcels. HOW TO COMPLETE THIS FORM ELECTRONICALLY: If you are accessing this agreement form from the B.C. Government Web site, it can be printed and completed by hand (print clearly...
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...Rental Application In order for your application to be considered, please ensure this form is fully completed and signed on both sides Property interested in: ................................................................................................................................................... Applicant Details Please note, Tenants are liable to pay a letting fee to Edge Realty Ltd Full name ...................................................................................................................... Male / Female Current address ........................................................................................................................................... How long at this address ..................Yrs ....................... Months DOB ........../.........../.......... Rented/Owned/Boarding Rent paid $ ................................. per week Why you are leaving this address ............................................................................ Vacate Date ...../......../........... Phone ............................ Day ............................ Night Mobile ..................................email .................................................................... Occupation ................................................. Employer ............................................................................................................................... Beneficiary? Circle Yes No If yes, what type? ...............
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...Morenikeji rentals No 8 ikontu Rd,orile bus stop Ikeja, lagos 08033114234 1. Parties The parties to this agreement are______________________________, hereinafter called “landlord,” and _________________________, hereinafter called “tenant.” If landlord is the agent of the owner of said property, the owner’s name and address is: __________________________________________________________________________________________________________________________________________ 2. Property Landlord hereby lets the following property to tenant for the term of this agreement: (a) the real property known as: __________________________________________________________________________________________________________________________________________ And (b) the following furniture and appliances on said property: __________________________________________________________ __________________________________________________________________________________________________________________________________________ 3. Term This agreement shall run from month-to-month, beginning on:___________________ 4. Rent The monthly rental for said property shall be $____________, due and payable by check by the __________ day of each month. 5. Utilities Landlord agrees to furnish the following services and/or utilities: ( ) electricity, ( ) gas, ( ) garbage collection, ( ) trash removal, ( ) water, and ( ) __________________. 6. Deposits Tenant will pay the...
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...DATED THIS 1st DAY OF JANUARY 2011 BETWEEN ZURAIDA AHMAD TEJUDDIN (IC NO : ) (LANDLORD) AND FARHA ZAFIRA BINTI AGOS LOKMAN (IC NO : 830314-08-5514) (TENANT) ************************************************************************ HOUSE TENANCY AGREEMENT ************************************************************************ OF NO 10, JALAN CERDIK 3, TAMAN UNIVERSITI BANGI 43000 SUNGAI TANGKAS BANGI, SELANGOR DARUL EHSAN. TENANCY AGREEMENT THIS AGREEMENT made on the day, the month and year stated in Section “A” of the Schedule of the Agreement BETWEEN the party whose name and address as stated in Section “B” of the Schedule (herein referred to as “the Landlord”) of the one part and the party whose name and address as stated in Section “C” of the Schedule (hereinafter referred to as “the Tenant”) of the other part. WHEREAS the Landlord is the registered beneficial owner of the property more particularly referred to and described in Section “D” of the Schedule (hereinafter to as “the Said Premises”) 1. NOW IT IS HEREBY AGREED as follows:- 1. Landlord has agreed to let and the Tenant has agreed to accept Tenancy of the Said Premises referred to and described in Section “D” of the Schedule (hereinafter referred to as “the Said Premises”) together with fixtures and fittings thereon should there be any, as described in the Inventory List attached hereto for the term stipulated in Section “E” of the Schedule (herein referred to...
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...SYMBIOSIS LAW SCHOOL, PUNE Constituent of Symbiosis International University, Pune (Accredited by NAAC (UGC) with `A’ Grade) Managerial Economics Internal Assessment REPORT ON ‘LEASE AND HIRE PURCHASE COMPANIES’ Submitted by SIVAGNANAM KARTHIKEYAN ROLL NO: 135 DIV ‘B’ BBA. LLB. BATCH 2013-18 LEASING A lease transaction is a commercial arrangement whereby an equipment owner or Manufacturer conveys to the equipment user the right to use the equipment in return for a rental. In other words, lease is a contract between the owner of an asset (the lessor) and its user (the lessee) for the right to use the asset during a specified period in return for a mutually agreed periodic payment (the lease rentals). The important feature of a lease contract is separation of the ownership of the asset from its usage. Lease financing is based on the observation made by Donald B. Grant: “Why own a cow when the milk is so cheap? All you really need is milk and not the cow.” Leasing industry plays an important role in the economic development of a country by providing money incentives to lessee. The lessee does not have to pay the cost of asset at the time of signing the contract of leases. Leasing contracts are more flexible so lessees can structure the leasing contracts according to their needs for finance. The lessee can also pass on the risk of obsolescence to the lessor by acquiring those appliances, which have high technological obsolescence. Today, most of us are familiar...
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...RENTAL AGREEMENT THIS RENTAL AGREEMENT IS ENTERED INTO AT CHENNAI ON THIS 1ST DAY OF MAY 2012. BETWEEN Smt. DR. D. I. SUJATHA, aged 40 years, W/o Chapa Ravi Kumar, PAN: ____________ , residing at # 673, 48th Street, II floor, 9th Sector, KK. Nagar, Chennai – 600078, herein after called as the LANDLORD, AND Smt. S. RAMADEVI, W/o. Shri. N. Sedhumadhavan, aged 37 years, Proprietor, Green Maple Projects, PAN: _________, having her business / office at Siva Constructions, No. 17, Parthasarathypuram Road, T. Nagar, Chennai - 600017 herein after called as the TENANT. Whereas the LANDLORD is the absolute owner of the property situated at # 673, 48th Street, 9th Sector, KK. Nagar, Chennai – 600078, and the TENANT has approached the LANDLORD and requested her to rent out the First Floor in the above mentioned property measuring 1800 Sqft on a monthly rental basis and the LANDLORD has agreed to rent out the same subject to the terms and conditions herein after contained. Now this Rental Agreement terms and conditions are reduced into writing as follows: 1. The TENANT has agreed to pay a monthly rent of Rs.25,000/- (Rupees Twenty Five Thousand Only) and Rs.1000/- as Maintenance Payable by fifth of every English Calendar month either by way of Cheque / Cash 2. The Tenancy shall commence from May 1st 2012 for a period of Twenty Two Months, this tenancy shall further be renewed by 20% increase in rent after executing a fresh Rental Agreement...
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...LEASE BASIC RENTAL AGREEMENT OR RESIDENTIAL LEASE This Rental Agreement or Residential Lease shall evidence the complete terms and conditions under which the parties whose signatures appear below have agreed. Landlord/Lessor/Agent, Christopher Brooks, shall be referred to as "OWNER" and Tenant(s)/Lessee, Daisy H. Godfrey, shall be referred to as "RESIDENT." As consideration for this agreement, OWNER agrees to rent/lease to RESIDENT and RESIDENT agrees to rent/lease from OWNER for use solely as a private residence, the premises located at 3005 Promenade Ct , Wilmington Nc 28405. 1. TERMS: RESIDENT agrees to pay in advance $800.00 per month on the 1st day of each month. This agreement shall commence on 07/15/2014 and continue; (check one) A._X_ until 07/01/2015 as a leasehold. Thereafter it shall become a month-to-month tenancy. If RESIDENT should move from the premises prior to the expiration of this time period, he shall be liable for all rent due until such time that the Residence is occupied by an OWNER approved paying RESIDENT and/or expiration of said time period, whichever is shorter. B.__ until ____________, ______ on a month-to-month tenancy until either party shall terminate this agreement by giving a written notice of intention to terminate at least 30 days prior to the date of termination. 2. PAYMENTS: Rent and/or other charges are to be paid at such place or method designated by the owner as follows Wells Fargo Bank. All payments are to be made...
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...property manager is? Madam Toastmaster, ladies & gentlemen. My name is ____________ and I am currently employed as a property manager at a local real estate agency. I manage almost 300 rental properties and have a great team backing me up Tonight I would like to share with you a very small part of what is involved in property management. While my responsibilities vary from property to property, I have to maintain a few basic skills such as good time management, good people skills and an eye for detail. When you are looking after almost 300 properties, these skills are essential. I would like to talk to you tonight about 3 important steps I need to follow when a new tenancy commences 1. Finding & screening new tenants 2. Completing an entry condition report for the property 3. Managing tenants and their needs FINDING & SCREENING NEW TENANTS Tenants are the vital lifeline of any rental property because no tenant means no rental income for an owner. Part of my role as a property manager is to effectively advertise rental properties and in turn find an appropriate tenant. When a prospective tenant comes into the office, I have a critical task at hand screening the potential tenant. This is a 2 step process. Step 1 involves showing any interested tenants around the rental property. While I am doing this I need to find out as much as I can about them. I want to make sure they are suited to a particular property. For example, Do they have a partner? Do...
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...BF 1203 TRANSACTION IN ISLAMIC BANKING & FINANCE FACULTY OF BUSINESS AND MANAGEMENT SCIENCES TOPIC: IJARAH Done by: Muhammad Hibatul Hakimi b Haji Suhaili (10B0911) Contents Introduction 1 Basis of Ijarah 2 Essential elements of ijarah contract 2 Modus Operandi 3 3 Selected Banks 4 Conclusion 6 Bibliography 6 Introduction An Islamic alternative to conventional leasing is ijarah. Ijarah is a derivative of the Arabic words ‘ajr’ and ujrah which means consideration, return, wages, or rent. Generally, Ijarah means to give something on a rental basis or wages.According to muslim scholars such as hanafi, maliki and shafiee. Definitions of ijarah according to Hanafi, it is a contract which enables possession of a particular intended usufruct of the leased asset for a consideration. Definitions of ijarah according to shafiee, it is a contract which relates to permissible usufruct liable to utilization and accessibility for a particular recompense Definitions of ijarah according to Hambali, it is a contract for a particular permissible usufruct which is taken gradually for a particular period and a particular consideration. The practice of Ijarah takes place in a contract between two parties which is the lessor and lessee where the lessee gets the benefits of a specific service or specific asset owned by the lessor on specified consideration or rent. In al-ijarah services, the lessee is called musta’jir, the lessor is called ‘ajir and the wage or...
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...Car Rental Agreement 1. THE PARTIES TO THIS AGREEMENT ARE: 1.1 THE OWNER: First Name: Christopher Last Name: Reid Identity / TRN or Other (Specify) number: Physical Address: 1.2 THE RENTER: First Name(s): Last Name: Identity / Social Security/TRN or Other (Specify) number: Physical Address: The parties choose the above stated addresses as their physical addresses at which legal proceedings may be instituted. 2. THE OBJECT OF THE RENTAL IS: 2.1 Type of Vehicle: 2.2 Make and Color: 2.3 Model: 2.4 Year: 2.5 Registration Number: 2.6 Engine Number: 2.7 Vehicle Identification Number (VIN): 2.8 Passenger Capacity: 2.9 Rated Weight Carrying Capacity: 2.10 Odometer Reading at beginning of Rental Period: 3. CONDITION OF VEHICLE: 3.1 The Owner states that to the best of his knowledge and belief that above-described vehicle is in sound and safe condition and free of any known defects or faults which would affect its safe operation under normal use. 4. QUALIFICATIONS: 4.1 The Renter states that he / she is physically and legally qualified to operate the above-described vehicle. 5. RENTAL PERIOD: The Owner agrees to rent the above-described vehicle to the Renter for the following period: 5.1 Starting Date: _______________________________ Time: ____________________(a.m. / p.m.) 5.2 Ending Date: _______________________________ Time: ____________________(a.m. / p.m.) 6. RENTAL RATE: 6.1 The...
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...This is a lease agreement contract between Chinyere Udeh, and Fordleigh Associates, LLC on January 2014 to 31st December of 2014 of an annual rental of seven thousand eight hundred dollars; payable in equal monthly installments of six hundred fifty dollars. Also, the premise is in an apartment community; this lease is on the following terms, covenants, rules, and regulations which that landlord and resident agree to keep and perform. Landlord, and resident agreed that the security deposit was $650 which were paid prior on moving in. The security deposit will be used to pay any damaged mad by the resident or the resident’s family, agents, employees, guests or invitees. Furthermore, it also stated that the security deposit will be utilizes to pay any unpaid rent. The resident can be present when the Landlord, or the Landlord’s agent inspects the premises to determine if any damage was done to the premises, it the president notifies the Landlord by certified mail of the resident’s intention to move, the date of moving, and the resident’s...
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...TENANCY AGREEMENT An Agreement is made between …………………………………………...Nric No……………………… (Hereafter called the Proprietor) and……………………………………...Nric No……………………… (Hereafter called the Tenant). Whereas the proprietor is the owner of………….………………………... …………………………………………………………………………...……………………………...….. (Hereafter called the premises) and is desirous to renting out the premises and whereas the tenant is willing to take the premises on rent. It is hereby agreed between the proprietor and the tenant as follows: - 1. The tenant shall pay rent on the demised premised at a rate of RM………………..per month, such rent to commence from……………………………………………………. 2. The tenant shall pay a deposit equivalent to RM………… (1 month) and RM………… for Electricity & Water deposit rental upon signing this Contract. The deposit shall not be construed as the last rental but should be refunded at the end of this contract after deducting all the outstanding fees if any. 3. The tenant shall during the subsistence of their tenancy, pay in respect of the demised all charges for electricity, water and conservancy in respect if the said premises. 4. No alteration shall be made to the premises without the expressed permission in writing of the proprietor. 5. The tenant shall be responsible to make good any damages or willful act (other than damages caused by fair tear and wear)...
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...accounting for leases in order to properly reflect these transactions in a company’s financial statements. Simply defined, a lease is a contract between a lessor, the owner of an asset, and a lessee, the user of the asset. In other words, the lessor gives legal rights over the asset for a specified period of time to the lessee through a contractual agreement called a lease. The lessor retains legal ownership of the asset while the lessee has the right utilize the asset in business operations without having to purchase the asset outright. For this reason, in many instances, leases can be considered a financing vehicle. There are two basic lease classifications. The operating lease is a simple lease to account for because it is considered to be of the nature of a rental agreement. “The fundamental rights and responsibilities of ownership are retained by the lessor, and the lessee is merely using the asset temporarily” (Spiceland, J., Sepe, J., & Nelson, M., 2011). When a lease is classified as an operating lease, the parties record a monthly revenue (lessor) or expense (lessee), using the straight-line basis. Sometimes the lease agreement provides for uneven payments, such as when there is an abatement...
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...lease payments. So, the legals fees that were paid for Goliath Co. for the structuring of the lease would be included in the minimum lease payments but the fees paid to Stripe, Berry, Mills and Buck LLP by Big Bear for its own legal fees would not be. ASC 840-10-25-5 For a lessee, minimum lease payments comprise the payments that the lessee is obligated to make or can be required to make in connection with the leased property, excluding both of the following: a. Contingent rentals b. Any guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes in connection with the leased property. Provision 2 According to ASC 840-10-25-14 all the conditions have to exits in order for the penalty payment to be excluded from the minimum lease payment all of the following have to be true. Not all of these are present. The “Material adverse change” is not defined in the lease agreement there is no “Predefined criteria” for a default. Therefore the penalty payments should be...
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