An exclusive use clause is a valuable and often negotiated provision in leases. An “exclusive” prohibits a landlord from leasing space to another tenant that will operate a similar business or sell similar products. For example‚ a gym tenant may seek an exclusive to prevent the landlord from leasing space to other gyms‚ or a donut shop may seek an exclusive to prevent another tenant from selling baked goods for on or off premises consumption. Consider the following tips when negotiating an exclusive
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Renting out your home can be beneficial for many reasons. Long-term investment‚ temporary relocation or life changes just are some of the reasons to rent out your home instead of selling it. This is a good time to consider employing a licensed Real Estate Agent or Property Management company to review all points of the lease. A well written lease agreement can eliminate many problems. A standard lease form purchased at an office supply store may not cover all the points you need clarified For example
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Regional Orthopedic Center. (Trinity Community Hospital‚ 2018) In the following summary‚ there will be a brief explanation on the advantages and disadvantages for building‚ buying or leasing space for this center. In conclusion‚ I will give my recommendation. 1 - There are many advantages to building‚ buying or leasing space for the Orthopedic Center. a. First‚ building on the hospital property will provide easy access to the hospital for patients coming to the orthopedic center that could need
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Muigai Managing Company. In similar cases there had been earlier reports that the residence was not safe and so many people had lost their properties to thieves. The case of Charles‚ in the event that any potential business owner is in the process of leasing a premise‚ then it is highly recommended that such an individual gets well acquitted with some of the terms that are often used in these processes. This helps one to understand what he or she is getting into and would be a warning signal in case there
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1st Executive Summary In 1970 congress created the National Railroad Passenger Corporation to provide some of the best passenger rail service provided in the United States. Today‚ National Railroad is looking in to a new line of trains that are much faster and will cut today’s commuting times substantially. However‚ they are facing 3 different options for funding this new acquisition. One of the options is to issue new bonds and therefore borrow the money and purchase these trains. The
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Automatic Renewal Clauses: The Case between Letisha and Sudson Washer and Dryer Abstract This paper examines a contract between Letisha and Sudson Washer and Dryer that contains an automatic renewal clause. The potential defenses for Letisha if Sudson sues her for breach of contract are presented. The defenses for Sudson that support the automatic renewal clause are also discussed. The ethical issues of using an automatic renewal clause and the actions of the Sudson Washer and Dryer
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period on rental basis. Ijarah is an Islamic leasing contract‚ representing one of the most common modes of Islamic finance currently practice. Its popularity is due to strong parallel to convential leasing concept. The process of ‘Ijarah’ is very simple and easy to understand. This has been derived from the Arabic term "Ujr" or "Ujrat" which means ’consideration’ or ’return’ or ’wages’. In simple words ‘Ijarah’ defines; contract of hiring‚ renting and leasing. This mode of financing is use in case of
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Theory and Research University of Phoenix Mr. Heber W. Howard TO: Supervising Manager FROM: RE: Trucking lease options This memo is intended to inform you on leasing information in the Financial Accounting Research System (FARS) and create a recommendation for the regional trucking company as it pertains to their leasing options. This memo will briefly cover sales-type‚ direct financing‚ and operating leases for your information. If a lease does not meet the criteria for capitalization
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Case 3-2: Roger Haskett Name: ________________ Group: ___A or B________ Date: ________________ Situation: Roger Haskett‚ director of purchasing for Morrow University in San Antonio‚ Texas Professor kahsay ‚ from engineering faculty Menard ‚the supplier Purchasing department The purchasing department’s mandate was to maxi- mize the value of funds spent on supplies‚ equipment‚ and services; ensure ethical buying practices; maintain good supplier relations; and ensure compliance
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b Haji Suhaili (10B0911) Contents Introduction 1 Basis of Ijarah 2 Essential elements of ijarah contract 2 Modus Operandi 3 3 Selected Banks 4 Conclusion 6 Bibliography 6 Introduction An Islamic alternative to conventional leasing is ijarah. Ijarah is a derivative of the Arabic words ‘ajr’ and ujrah which means consideration‚ return‚ wages‚ or rent. Generally‚ Ijarah means to give something on a rental basis or wages.According to muslim scholars such as hanafi‚ maliki and shafiee
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