1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
Welfare is a general term for economic and social assistance programs.
faltersainse [42]

Answer:

True

Explanation:

The United States has six major welfare programs: TANF, Medicaid, CHIP, SNAP, EITC, Supplemental Security Income, and housing assistance.

3 0
3 years ago
When someone takes out a mortgage loan to buy a house, the mortgage lender can take possession of the house and sell it if the b
AnnZ [28]

Answer:

A. Collateral

Explanation:

A collateral is a valuable item, a property or an asset that is offered by a borrower of a loan to the lender of the loan as a form of loan security, such that the lender can take possession of the asset, monetize the asset and recover the losses. Collateralized loans includes car loans and mortgages.

Lending such as those given in business credit card does not require loan securities

8 0
3 years ago
This management theory assumes there is no one best way to manage?
Kobotan [32]

The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.

8 0
3 years ago
Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $24 per unit. The
blsea [12.9K]

Answer:

Variable factory overhead = 3.00

Fixed factory overhead = 1.80

Explanation:

See the table in the attached image

6 0
2 years ago
The AUD/$ spot exchange rate is AUD1.60/$ and the SF/$ is SF1.25/$. The AUD/SF cross exchange rate is _____. Group of answer cho
DaniilM [7]

Answer:

a. $1.2800

Explanation:

The AUD/SF cross exchange rate is as computed below:

==> AUD/$ ÷ SF/$

==> $1.60 / $1.25

==> $1.2800

So, the AUD/SF cross exchange rate is $1.2800

6 0
2 years ago
Other questions:
  • When a manufacturing plant uses mathematical models to plan production schedules and to schedule equipment maintenance, it is dr
    6·1 answer
  • The dividend growth model can be used to value the stock of firms that pay which type of dividends?I. Constant annual dividendII
    5·1 answer
  • Marketing research conducted by a consumer products producer reveals that some consumers buy toothpaste to whiten their​ teeth,
    15·1 answer
  • Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each dep
    5·1 answer
  • Barnard, Inc.'s 2010 income statement lists the following income and expenses: EBIT = $500,000, Interest expense = $45,000, and
    7·1 answer
  • Bunnell corporation is a manufacturer that uses job-order costing. on january 1, the company’s inventory balances were as follow
    8·1 answer
  • Which speaker is most likely to make high-risk investments?
    8·1 answer
  • After conducting a market research study, Ed Manufacturing decided to produce a new interior door to complement its exterior doo
    13·1 answer
  • On average, consumers spend only about _______________ seconds deciding to buy one brand as opposed to another branded option fr
    9·1 answer
  • a home that was purchased for $440,000 with a $320,000 loan is now worth $530,000. the current loan balance is $280,000. what is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!