0
What else can I help you with?
Does freehold mean the the whole property is for sale?
Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.
What does demised premises mean?
rented space
Is it on the office premises or in the office premises?
on
What is business premises burglary insurance?
It's burglary,, "Theft" coverage for the business premises.
What is premises and operation insurance coverage?
protection for bodily injury to others occurring on th premises
Is a new floor a leasehold improvement?
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
What is leasehold in balance sheet?
Leasehold means all premises acquired on lease agreement to be used in business for revenue generation.
What does leasehold interest mean?
Leasehold interest means a claim or right to enjoy the exclusive possession and use of property or an asset for a stated definite period. This is created by a written lease.
What is leased premises?
You can say either (or 'leasehold premises'). Best avoid 'demised premises' when used in a lay sense however, for the reason mentioned in the question and also because it is an unnecessarily technical term for other than legal reasons. (Solicitor)
Are dumpsters used in construction for leasehold improvement considered leasehold improvements?
no
Does freehold mean the the whole property is for sale?
Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.
Is carpeting considered to be a leasehold improvement or furniture and fixture?
it is considered a leasehold improvement.
Journal entry for amortization of leasehold improvement?
Debit depreciation expensesCredit leasehold improvement
What does demised premises mean?
rented space
Would you be able to take home furnishings with you after eviction what are you able to take with you for example kitchen cabinets you installed?
Fixtures which have been built into the premises - like cabinets - are leasehold improvements that become part of the structure and cannot be removed in eviction.
What does evict mean?
Eviction is the removal of a tenant (A leasehold estate) from rental property by the landlord. Hope I Helped!
How many syllables does the word leasehold have?
The word leasehold has two syllables. The syllables in the word are lease-hold.
