The vehicle will be repossessed and the leasor will be held responsible for the unpaid balance of the lease.
it is lease paid on capital invested
If the rent is not paid, you need to serve a notice to quit. It doesn't really matter whether you have the lease.
Normally a security deposit is paid before the lease is signed. Once your lease is mutually signed then you have the right to move in.
If you paid your rent late, he didn't break the lease - you did. He can now move to terminate the lease.
You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.
It is essentially the same but of course with a lease, your responsible for an amount agreed to be paid rather than paying back a loan.
The mortgagor's interest in the lease will be sold at a public foreclosure sale to the highest bidder. The winning bidder will then have the right to occupy the subject premises under the mortgagor's lease, for the remainder of the lease term. The ownership of the premises will not change. The foreclosure sale proceeds will be paid to the Sheriff, who will deduct his fees, with the balance of the sale price paid to the foreclosing mortgagee.
The risk of cosigning on a lease is that the cosigner is responsible for the rent for the leased property even if the other signers do not pay the rent. The landlord can go after one or all of the cosigners on a lease to get rent paid if the lease is not paid for the full term.
In Texas, you can only get your deposit back if your application is rejected and/or you have 3 days from the date of application to chane your mind. After that, you are not eligible to et your "application deposit" back.
As in all of NewYork rent/back or not is owed and determined by the lease- if there is no proof that the rent was paid and there is a lease- then the back rent is owed. However the tennet is entitled to rights as well and if taken to small claims court can counter claim with reasons for not paying back rent becaues of living conditons, lease violations etc.
Yes, corporations can deduct lease payments. Property lease payments and vehicle lease payments are deductible in the year paid or accrued.
An excessive amount of loans that cannot be paid back.