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it is lease paid on capital invested
What else can I help you with?
What kind of contract outlines the obligation of a landlord in his or her renters?
Is called a lease.
Is a lease obligation a monetary liability?
Yes, a lease obligation is considered a monetary liability. It represents a future payment obligation to make lease payments over the lease term, which involves cash outflows. Under accounting standards like IFRS 16 and ASC 842, lease liabilities are recognized on the balance sheet, reflecting the present value of future lease payments. This classification highlights the financial commitment associated with leasing arrangements.
If I sign a lease but do not exchange money is the lease valid and do I have to move in the apt?
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.
What can happen if you stop paying your lease payment on your apartment halfway through the lease and you leave the apartment?
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.
Can a landlord go after my eighteen year old daughter if I default on my lease agreement?
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.
Is it illegal to sign the lease for your own apartment if you are already on a lease with your boyfriend but you move out?
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.
What is the legal position when a lease for premises is unsigned?
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.
What is the ramifications of signing a lease then deciding not to move in?
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.
Is it possible to back out of a lease before signing it?
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.
Why might a bond agreement limit the amount of assets that the firm can lease?
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.
Can landlord deny section 8 if already in a lease?
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.
Does leasing a car increase your debt-to-income ratio?
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.
