(in the US) Contract law is quire clear and is not administered under "common" law. If the lease prohibits the lease from being "assigned" then it is not legally assignable. If there is no prohibition against it then it is legally permissable.
The lienholder is under no obligation to pay for repairs - that's on you, as the lessee.
A person who leases property from another is called a "lessee" or "tenant." The lessee pays rent to the property owner, known as the "lessor," for the right to use the property for a specified period under the terms of a lease agreement.
No. Only the landowner or lessee may hunt on a gratis permit unless the landowner or lessee transfers the gratis permit to an immediate family member. Immediate family member is described as a spouse or child.
Triple net leaseA triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three 'Nets') on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with the repair and maintenance of any common area.
No, leased office equipment cannot be depreciated by the lessee, as depreciation applies to owned assets. Instead, the lessee typically records lease payments as an expense on their income statement. However, if the lease qualifies as a finance lease under accounting standards, the lessee may need to recognize the asset and liability on their balance sheet, allowing for depreciation of the asset. Always consult with an accounting professional for specific situations.
Yes ! -_-
Whether or not minors are present, a law officer may do so only if granted permission by the homeowner/lessee or other person authorized by the homeowner/lessee to grant access or if he/she has a warrent signed by a judge specifying the address and exactly who or what is being sought.
Wrong. If the lessee sells equipment to someone else that does not belong to him then it becomes stolen equipment. Then the buyer is in possession of stolen equipment. If the buyer knows or should know that the equipment is stolen, he is committing a felony. It is punishable by time in prison. The material is returned to the original owner.
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