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dezoksy [38]
1 year ago
14

Suzette is leasing a condo from the Garcias. She has been renting the condo for over three years. She renews the lease each year

and, because of her loyalty and exemplarily ren
Business
1 answer:
Xelga [282]1 year ago
4 0

The Garcias own the condo in freehold but rent it to Suzette in leasehold.

<h3><u>What is leasehold?</u></h3>
  • A leasehold estate is a temporary ownership of the right to possess land or other property in which a lessee or tenant retains real property rights under some sort of title from a lessor or landlord.
  • A leasehold estate is often regarded as personal property even though a tenant does have rights to real estate.
  • In a leasehold arrangement, one party purchases the right to occupy land or a building for a predetermined period of time.
  • Leasehold real estate can be bought and sold on the open market since a lease is a legal estate.

Thus, a leasehold differs from a freehold or fee simple, where property ownership is acquired outright and afterwards retained for an indefinite amount of time, as well as from a tenancy, when a property is let (rented) on an irregular basis, such as weekly or monthly.

Know more about leasehold with the help of the given link:

brainly.com/question/16507621

#SPJ4

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Which of the following is true of cellphone communication?​ ​It is free from policies and legal restrictions. ​It is cost-effect
Yuki888 [10]

Answer: Statement B and D

Explanation:

Option A : cellphone communication companies and the respective authorities of the countries in which they operate have their own legal restrictions and policies regarding cellphone communication.

Option C : Mobile tapping and on call recording crimes are common these days so cellphones cannot be considered completely confidential and not prone to misuse .

8 0
4 years ago
The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi
Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0
3 years ago
A club sold 80 boxes of candy, some at $1.75 and some at $3.25. total revenue was $160. an appropriate equation to determine the
Lorico [155]
20 dollars each box i think
5 0
3 years ago
You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
Montano1993 [528]
I’ll say it’s A
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8 0
3 years ago
Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn?
Ket [755]

Answer:

Rate of interest is 8.37%

Explanation:

Future Value = PV(1+r)^{3}

3,500 = 2750 (1+r)^{3}

\frac{3500}{2750} = (1+r)^{3}

\sqrt[3]{\frac{3500}{2750}} = \sqrt[3]{(1+r)^{3}}

1.0837 = 1+r

r = 1.0837 - 1

r = 0.0837

r = 8.37%

Check:

3500 = 2750 (1+0.0837)^{3}

3500 = 3500

6 0
3 years ago
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