If you mean, "Who is the legal and responsible resident," the answer is - it is the one whose name in which it is registered.
Is it "legal"? Sure it is. There are complications if you have a lease agreement, but that's civil, not criminal.
The legal owner or their representative, or the holder of a lease agreement can force eviction.
They have those at Rocket Lawyer. The website/link is "RocketLawyer.com/Lease-Agreements" . They will be able to help.
The owner of property that includes rental units may appoint an agent to manage the property and will give that agent certain legal powers to act on behalf of the fee owner. Sometimes there is a recorded instrument that sets forth the name of the management company. If a management company has been properly appointed a lease executed by it would be binding on the lessee even if not signed by the actual property owner. On the other hand, if the lease was executed by a person other than the owner who does not have the legal authority to execute a lease on behalf of the property owner then the lease may be invalid. You could check in the city assessor's records and in the land records for the owner of the property. You should seek the advice of an attorney in your area who could review the lease for validity.
When you lease a car, you do not own it. A lease is basically a long term rental agreement. If your name is not on the registration, you have no legal attachment to the car.
If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.
The tenant owns the legal interest in the leasehold estate. The fee owner is the one who actually owns the property but the property is subject to the lease.
No. The insurance must be in the name of the owner or leasee of the vehicle. Be careful and do not lie on either the lease contract or the insurance application. Both of these are legal contracts.
Read your lease.
Yes, but only if the lease permits it or when the lease expires. There is a presumption that a purchaser of rental property will know the terms and conditions of every lease for current tenants.
Yes, the lease typically remains valid even if the rental property is sold. The new owner usually assumes the existing lease and becomes the new landlord, with the same terms and conditions that were agreed upon in the original lease. However, it is important to review the lease agreement and consult with legal professionals to understand the specific rights and obligations in such cases.
The key difference between a finance lease and an operating lease is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the leased assets. The classification of a lease (as an operating or finance lease) also affects how it is reported in the accounts. The differentiation is mostly important for accounting , taxation and financial reporting purposes.