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1 year 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]1 year 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:

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An investor from United Arab Emirates wants to establish a University of Science and Technology in Uganda.

prisoha [69]

Answer:

Make a canteen

Explanation:

to eat when hungry

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3 years ago

Williams Company plans to issue bonds with a face value of $600,000 and a coupon rate of 8 percent. The bonds will mature in 10

gulaghasi [49]

Answer:

Decide the issuance of cost of the bonds:

The issuance cost of bonds is the sum the obliged substance raised through the issue of legally binding proclamation called bonds. The cost of securities relies on the assumed worth, time frame, the coupon rate and the market rate.

Coming up next are three general standards regarding bonds issue cost:

On the off chance that the coupon pace of the security is equivalent to the market loan fee, at that point the security is said to be given at standard.
On the off chance that the coupon pace of the security is more prominent than the market financing cost, at that point the security is said to be given at premium.
On the off chance that the coupon pace of the security is lower than the market loan cost, at that point the security is said to be given at rebate.

In the current case, both the coupon rate and the market premium are 8% and are equivalent. Thus, the issue cost of bonds is equivalent to the standard worth. That is $600,000.

3 0

3 years ago

Dana, Inc. recently completed 56,000 units of a product that was expected to consume 4 pounds of direct material per

AysviL [449]

Answer:

$34,000 Units

Step by Step Explanation:

Direct Material Quantity Variance

= SP x (AQ – SQ Allowed)

Therefore:

SQ allowed: $56,000 units x 4 lbs = $224,000 lbs.

Direct Material Quantity Variance: $8.50 x ($228,000 lbs – $224,000 lbs) = $34,000 Units

The direct material quality variance is $34,000 Units

4 0

3 years ago

J has a personal auto policy with Liability limits of 50/100/25, UM/UIM limits of 50/100, a Medical Payment limit of $5,000 and

saveliy_v [14]

Answer:

$21,000

Explanation:

Amount Received $11,000 ( Under Property Damage)

Amount Received $1,000 ( Under Medical Coverage)

Amount for Vehicle Damage ( Vehicle damage - Collision deductibles ) = ( $9,500 - $500 ) = $9,000

Total Amount Paid by policy = ($11,000 + $1,000 + $9,000) = $21000

Therefore , total amount paid by policy for this damage is $21000 .

3 0

3 years ago

Using a(n) ________ strategy, the producer directs its marketing activities toward final consumers to induce them to buy the pro

Maru [420]

Answer:

Letter A is correct. <u>Pull.</u>

Explanation:

A pull marketing strategy aims to increase demand for a product or service as consumer attraction to the product or service increases.

In this strategy, the marketing team should focus efforts on designing promotions that induce consumers to want a particular product through appeals for price benefits, brand value, and satisfaction. Increasing consumer perception and product desire directly increases product demand and business results.

Some examples of pull marketing are through email marketing, social media, promotions and discounts, advertising and others.

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3 years ago