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No, unless it creates some serious fraud, it only invalidates that clause.
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∙ 14y ago
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How do you do the double entry on an Onerous lease?
At the date the lease becomes onerous: Dr P&L Expense - onerous lease. Cr Balance Sheet Provision for onerous lease. Each time there is a rental payment on the lease: Dr Balance Sheet Provision for onerous lease. Cr Cash
A lease of an asset for its entire productive life?
Lease which is done for the entire productive life of an asset is called "Capital lease or finance lease".
Can a landlord terminate lease for illegal drugs use?
Ah, yeah! Your lease does not allow you to do illegal activities.
American world war 2 system of service provision?
Lend-lease
If your landlord has a section in their lease that is not something that is legal for them to do does that void out your whole lease?
Normally only that illegal item is voided from the lease.
Can a verbal agreement for sub lease of a room be binding in California for the entire lease?
No, all lease agreements to be binding must be in writing.
In California Can a landlord break lease cause he sells the facility?
Yes, I believe there is a provision in the law for the sale of the premises.
Can you sue your roommate for half of the rent for the entire duration of the lease?
If they are on it-yes.
Can you buy a car and turn around and lease it?
you can for a private seller but if you buy multiple car's and lease them it would be illegal unless you have a dealer license.
Could you explain a Mother Hubbard clause in oil and gas lease?
Mother Hubbard clause in an oil an gas lease is a provision for leases in the event an small strip of land is omitted from the legal description by the lessor.
Is a person on a joint lease responsible for the entire amount when the other lease holder cannot pay their share?
Yes. Persons who enter into joint rental/lease agreements are responsibile for the entire amount even when one of them defaults unless they want to risk eviction and perhaps civil penalties.
What happens to a lease if the property is subdivided?
You should read that lease before you make any changes. The land described in the lease is subject to the terms of that lease. You may be breaching the contract by subdividing the property before the lease has expired. The changes you make to the area of the leased land don't change the provisions of the lease unless that is also a provision. You should consult with an attorney before you take any action unless you have the consent of the lessee.
