All categories

2 years ago

When a leased property is sold, the previous owner must transfer the security deposit and __________ to the new owner.

Business

1 answer:

kati45 [8]2 years ago

6 0

The only thing sold is the interest of the landlord. The new buyer will acquire both the structure and its tenants.

The lease should have proper legal protection, and tenants will ideally have rights for renewing leases at the end of the contract period, with limited provisions for cancelling the same.

<h3>What is it called when you transfer a lease?</h3>

A lease takeover, also called a lease transfer or a lease assumption, is the process of transferring an auto lease from one person to another. If your lessor allows you to transfer your lease, you may be able to find someone interested in taking over your monthly payments and finishing out your lease.

<h3>How do I transfer my lease to a new owner?</h3>

To make the transfer of a lease legal, complete a Lease Assignment. If the landlord agrees, this can free you of your obligations as the original tenant to the lease, including any remaining interest. All three parties should sign the document: the landlord, the original tenant, and the new tenant.

Learn more about transfer of lease here:

<h3>brainly.com/question/15682713</h3><h3 /><h3 /><h3>#SPJ4</h3>

You might be interested in

You find an apartment that rents for $320 per month. you are also responsible for utilities that average $80 per month. what is

iren [92.7K]

Likely yearly cost based on the above information and no other expenses is $4,800

7 0

3 years ago

The aggregate demand curve would shift to the right as a result of

kkurt [141]

Demand curve will shift towards right due to <u>a decrease in U.S. real interest rate</u>

With the decrease in the interest people will sell bonds and get money, as a result money supply will increases and it leads to more demand for goods and services.

It means <u>a decrease in U.S. real interest rate</u> causes rightward shift of AD curve.

Demand is an monetary concept that pertains to a purchaser's preference to purchase items and offerings and willingness to pay a particular rate for them. An growth within the rate of an awesome or service has a tendency to decrease the quantity demanded.

Demand may be defined as the quantity of a commodity that a client is in a position and willing to shop for, at each viable fee, over a given time period. Essential elements of call for are quantity, ability, willingness, fees, and period of time.

Learn more about Demand here:-brainly.com/question/1245771

#SPJ4

7 0

1 year ago

Which of the following layouts seeks the best personnel and machine utilization in repetitive or continuous production? A. Pro

Nat2105 [25]

Answer: Product-oriented layout

Explanation: The product-oriented layout is a production procedure where the materials and tools are located at the assembly lines.

This layout reduces the cost and time used in the handling of machines whereby optimizing the use of space. The product-oriented layout is mostly used when the same products are made without differences.

5 0

3 years ago

Rade and talion are competitors in the business of manufacturing wrist watches. while rade promises to deliver design and qualit

OLEGan [10]

<span>They are delivering their pitch to consumers. This is kind of like an Android v. Apple debate. Rade consumers are more than likely "cutting-edge" consumers that enjoy the latest and greatest technology. While a Rade consumer may value a little bit less durable product, for a little flash, talion may want something they can drop in the toilet and have it not break. Talion consumers are more than likely folks that are more of the "lay-person," that just want something that works and doesn't break.</span>

7 0

4 years ago

A marketing strategy that is focused on a real breakthrough opportunity will usually be successful even if there are obstacles i

Alexeev081 [22]

Answer:

A marketing strategy that is focused on a real breakthrough opportunity will usually be successful even if there are obstacles in getting help from other functional areas in the firm.

B. False

Explanation:

By standard definition, a marketing strategy portrays the overall business entity's game plan for convincing prospective consumers and turning them into value customers. The contents of a marketing strategy include the company's value proposition, key brand messages, data on target customer demographics, and other high-level elements. It is not a parochial strategy that is just focused on a real breakthrough opportunity. As a strategy, it requires company-wide support and must derive from the company's overall strategy. It requires the support of all functions in order to achieve success.

6 0

3 years ago