it is lease paid on capital invested
Is called a lease.
If you signed, the lease is binding. You don't have to move in, but you do have to pay the rent. The landlord has an obligation to try to rent the place, but until he does, you have to pay.
The landlord has an obligation to try to rent it. If she cannot, she can sue you for each month, through the end of the lease.
Your daughter would have no legal obligation to pay the lease, unless her name is on the lease and she was over eighteen when she signed it. Otherwise the lease you signed is not enforceable against your daughter.
No. But, you will still be responsible for your share of the previous lease unless the landlord/rental agency (not the the other leasees) agree to release you from your obligation.
When a lease for a premises is unsigned, the person leasing the property is not under any legal obligation. This means that the person who owns the premises will have to have the person evicted if he or she refuses to move or sign a lease.
The landlord has an obligation to try to rent to someone else. If he does not, the tenant owes the rent for every month until the lease naturally expires.
Yes, it is possible to back out of a lease before signing it. Until a lease is signed, there is typically no legal obligation to proceed with the agreement. It is important to carefully review the terms and conditions of the lease before signing to avoid any potential issues.
Lease obligation is like debt in that both legally obligate the firm to make a series of specified payments. bondholders would like the firm to limit its lease obligation for the same reason that bondholders desire limit on debt: to keep the firm's financia burden at manageable levels and to make the already existing debt safer.
It depends on the state. In California, a landlord has no obligation to rent under Section 8. If you are saying you are currently in a lease and you want to continue renting but under a Section 8 lease, it would again depend on the state.
In theory, an auto lease is the same as renting an apartment or anything else for that matter. If you stop paying the lease payments and return the car, you may have to pay a penalty, but you have not defaulted on a "loan." However, banks and other financial institutions may not see it that way when considering a loan applicant. They may consider the lease obligation as a "debt" and the payments as a monthly obligation. It will depend on the particular institution.
The most common example would be a lease of equipment. Since the equipment is treated like a rental, the asset and the corresponding liability are not shown on the balance sheet. Lease payments are expensed as paid and the lease obligation would be disclosed in a note to the financial statement.