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Solnce55 [7]
1 year ago
15

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:

<h3>brainly.com/question/15682713</h3><h3 /><h3 /><h3>#SPJ4</h3>
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Not all doctors are rolling in money. By the time they finished their education, most would- be doctors are buried under a mount
natta225 [31]

Answer/Explanation:

In the statement given the problem is specified as the discouragement for med students to take lower paying but needed jobs because of the high student debt. This issue has been analyzed from several sectors of society and even by professionals in other areas that experience similar situations.

Some of the solutions proposed for this problem are to make higher education free of cost or partially subsided by the government (like it is in other countries).

Other Sources mention collages should have lower fees. However, there are further implications in this subject that need to be considered.

8 0
3 years ago
Lavallee Self Storage purchased​ land, paying $ 160 comma 000 cash as a down payment and signing a $ 145 comma 000 note payable
Andrews [41]

Answer:

Land 373,500

Building 1,100,000

<u />

land improvements   67,000

Fence         55,000

Sign            12,000

Explanation:

Land cost:

cash                               160,000

note payable                   145,000

delinquent property tax     4,000

insurance costing                1,500

level the land                      3,000

soil                                <u>    60,000</u>

Total land:                      373,500

The land will be recorded for all the cost necessary to get it ready for use.

The soil, once added can't be differentiate from the original land. It is added to the land is not an improvement.

The office building will be for 1,100,000

land improvements will be the fence and signs:

fence 55,000

sign  <u>  12,000  </u>

total   67,000

3 0
3 years ago
Kraft has adapted its popular Oreo cookie to the unique tastes of consumers all around the world, whether it's mango-and-orange
zvonat [6]

Answer:

Product adaptation

Explanation:

Product adaptation is when an existing product is changed or modified to suit customers need in a foreign market . The aim is to satisfy customers want all around the world where the products are exported to.

There are various reasons why products may be adapted, one of which is changing the taste of a product to meet the desire of customers who are based in other countries or around the world. It may also involve either changing the brand, colour etc, just to meet customers demand all around the world.

Other reason why a product may be adapted is to comply with local laws where the products are exported to.

7 0
3 years ago
Thirty-year-old Henry tells his wife that he has 51,000,000 saved already. She tells him they should go on a big vacation soon.
Dimas [21]

Answer:

A

Explanation:

5 0
3 years ago
Cash is King!Good cash management is an essential job of the financial manager! You own a small auto sales business called King
fomenos

Answer:

The solution to the given problem is given below.

Explanation:

1. Do you believe that the company needs outside financing?

Yes, Company needs outside finance total $ 40,000 as $25,000 in month of Feb and $15,000 in month of Apr il.

2. What is the minimum line of credit to request from a lender?

Minimum line of credit needed is $40,000

3. Do you think you are a good candidate for the line of credit? Why?

Yes, we are good candidate for line of credit because we can start repayment by May and repay by July and after repayment we will have ending March Cash balance $100,000 .

Detailed calculations are attached with the image.

3 0
3 years ago
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