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A succeeding lease is one that immediately follows the expiration date of the existing lease. In other words, if a person leases an office suite on a yearly basis, and continues to renew the release, it will become a succeeding lease, and go into effect the day after the expiration date on the original lease.
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What is the definition of the phrase net lease?
One will find that the definition of the phrase net lease is something that is most commonly associated with commercial real estate. A net lease is a form of pass through lease. One example would be where the taxes are associated with the said property.
What is the difference between lease and sublease?
A lease is were you are renting of the owner itself, a sub lease is were you would be renting a part of what somebody else already has.
What is the purpose of lease obtained?
The purpose of the Lease Obtained is to give you a "Temporary" IP Address that will change when the lease Expired date comes close. EX: (Lease Obtained: Sunday October 18, 2012 at 12:30:15 PM / Lease Expires: Friday November 12, 2012 at 10:45:55 AM) "The client starts to renew a lease when half of the lease time has passed. For example, for a 24 hour lease, the client will attempt to renew the lease after 12 hours. The client requests the renewal by sending a DHCPREQUEST message to the server. The renewal request contains the current IP address and configuration information of the client."
Difference between sublet and assignment of lease?
An assignment is the transfer of a lease between the current tennant and a prospective tenant. A sublet is a lease held from a lessor who has a superior landlord.
What is a freehold lease?
A freehold lease may refer to the lease of land that belongs to another person. Your question is confusing because a freehold estate is the right to the use and possession of land for an indefinite period and a leasehold estate is a lease of land that belongs to another.
What is the definition to posterity?
succeeding or future generations collectively
Definition of operating lease?
Operating Lease is a lease other than finance lease. A leasing transaction wherein the lessor takes the asset risk and the credit risk.
What is the definition of the phrase net lease?
One will find that the definition of the phrase net lease is something that is most commonly associated with commercial real estate. A net lease is a form of pass through lease. One example would be where the taxes are associated with the said property.
What is Lease proposal?
The definition of a lease proposal is presentation that is typically written of the proposed lease terms and conditions for a prospective tenant's occupancy. The potential tenant writes the proposal to the landlord.
What is the definition of Lessor?
One who leases; the person who lets to farm, or gives a lease.
What is the definition of the term leases?
The definition of lease is to cover the property, services or land for a certain period of time, to another person. A lease on a vehicle, for example, can last 1-5 years, at which time the driver does not own the vehicle, but the company provides services for it, and at the end of the lease the vehicle is returned to the company.
What is the definition of a lease agreement form?
A lease agreement is a contract that is set up between a landlord and the tenant with rights and obligations in regards to a property which the ladlord rents to the tenant.
What is a word for not succeeding?
"Failing" is a word for not succeeding.
What is the definition of Allitertion?
Alliteration is the repetition of consonants at the beginning of two or more words immediately succeeding each other, or at short intervals as a form of rhyme.
Who is the patron saint of succeeding?
There is no patron saint of succeeding.
What is a sentence for the word succeeding?
The word "succeeding" can mean "being successful" or winning, prevailing.Example : The clever shopkeeper had no trouble succeeding in business.The word "succeeding" as an adjective means "following in time or position".Example : There were more accidents in the succeeding years.
Definition of Maximum Contiguous in real estate?
Maximum Contiguous refers to the largest amount of space available in a building for lease. On the contrary, Minimum Divisible is the least amount of space which is available for lease.
