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What else can I help you with?
Can a tenant make improvements to leased property?
Yes, a tenant can make improvements to leased property with the landlord's permission.
What is a ti estimate?
A TI (Tenant Improvement) Estimate would the estimated cost to "build out", "convert" a space that is being leased or considering to be leased. It is the cost to make the space that the tenant is leasing usable to that tenant for their type of office or retail space.
How are single-tenant net leased assets valued?
Unlike traditional real estate investments whose valued is determined exclusively by the real estate itself, a single-tenant, net-leased property's value is determined by a combination of factors including the tenant's credit, the length of the lease and rental escalations over the term, and, last but not least, the real estate. In markets where the real estate experiences wide valuation swings, a single-tenant, net-leased property will maintain its value because of its bond-like, long-term lease and the credit tenant guaranty for the lease.
What is the definition of Tenant's Legal Liability?
Provides insurance against legal liability for property damage to business premises leased or rented to the insured.
What is the difference between a unlawful detainer and a eviction notice in Alabama?
In Alabama, an unlawful detainer refers to the legal action a landlord can take to regain possession of a property after a tenant has failed to pay rent or violated lease terms. An eviction notice, on the other hand, is a preliminary document that a landlord must provide to a tenant, informing them of the intent to terminate the lease and the grounds for eviction, typically giving the tenant a specific timeframe to vacate. In essence, the eviction notice is the formal notification, while the unlawful detainer is the court process that follows if the tenant does not comply.
Is a mobile home an unlawful detainer?
A mobile home can be subject to an unlawful detainer action if the tenant is in violation of the terms of the lease, such as not paying rent or causing damage to the property. The legal process for eviction of a mobile home tenant varies depending on state laws and the specific circumstances of the case. It is important to consult with a legal professional for guidance on unlawful detainer proceedings involving a mobile home.
What does Delayed access to Unlawful detainer mean?
UD means the judge agrees that the tenant owes rent. And if a judgment is granted, the tenant has to prepare to leave. I wonder if you mean Delayed Access to WRIT of RESTITUTION.
Who pays when something breaks in a furnished leased apt?
The tenant will usually be held responsible for broken property, unless it is through no fault of the tenant - e.g. excessive age or wear, or a natural disaster like a flood or an earthquake.
What are the benefits of investing in single tenant net leased properties?
Many people consider single-tenant, net-leased properties as bond-like investments because of their stable, predictable returns. Because tenants commit to long-term leases, there's very little re-leasing risk. Moreover, single-tenant, net-leased investments can be tailored to an investor's risk-reward expectations by choosing tenants with different credit profiles. For example, some tenants are rated by national credit ratings agencies while other tenants have only their previous financial performance to recommend them.
What does demised premesis mean?
Demised premises refer to a specific property or space that is leased or rented to a tenant under a lease agreement. This term typically outlines the boundaries of the property being leased, including any structures and land associated with it. The tenant gains exclusive rights to occupy and use the demised premises as stipulated in the lease, while the landlord retains ownership of the property.
What does re leased mean?
If you are referring to a subsidised tenancy, the tenant must re-certify every year, before their anniversary, to make the administrator aware of any changes in their income or household. If there are no changes, the tenant still needs to make them aware of that.
What happens after i receive a 3 day notice to vacate?
Once the tenant receives the notice, they have three days to vacate or the proceedings for the unlawful detainer begin.
