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the end of the lease. • Any penalties that the leaseholder is liable to pay for not renewing the contract. Operating Lease Operating leases on the other hand, are simpler than capital leases, because the rentals are considered revenue to for the landlord and expenses for the tenants. All rental advance payments will be recorded as a liability to the lessor and prepaid rent for the lessee (Schroder et al, 2011). For operating leases, APB Opinion No. 13 focus on noncapital leases which must…

As the owner of a commercial enterprise, there are several aspects of operating a business organization that one ought to be mindful of. With the traditional routines of running a business, the owner should even be knowledgeable of laws that pertain to the business as well as the effects they may have. The incident that occurred at Springfield Arms Apartments brings about queries on where the accountability lies, with the owner or the trespasser. The responsibility is weighted legally as damages…

Just a few years ago this great nation took a devastating hit to its economy that crippled many homeowners. These citizens had everything ripped out from underneath them and were forced to foreclose. Why were so many thousands of people forced to resort to this you ask? When the economy bottomed out, they lost everything and could no longer even afford to support their families or live in their homes. Today, many thousands of those victims of foreclosures have since turned into potential…

The economic downturn over the past few years has really been hard on people of all status, socio-economic background and race. It’s hard to envision an America without the beautiful home and pick-it fence, but the reality of it is that most American families do not have that vision right now. With the beginning of a new day came a way to overcome this sad reality though. The economy is on the rise I believe and with that more people, boomerang buyers, are able and eager to get back into owning…

CASE OVERVIEW Netflix, a market leader in the US DVD-rental segment and video streaming segment had gained much of its popularity owing to its personalized recommendations for its customers based on their viewing patterns. With its big data capabilities Netflix had the minutest of details pertaining to the viewing patterns of each and every of its customers (for instance when they presses the play-pause button, when they search for a trailer, when they rate for a show/movie etc.). Netflix got…

Netflix: Reinventing Talent Management Netflix, a global provider of streaming TV series and movies, started its voyage in 1998 as an US-based DVD-by-mail service. In 2007, it ventured into the streaming business. In 2010, it expanded this business in Canada and now, it has presence in more than 190 countries. House of Cards was the first original series advertised by the company widely. Headquartered in Los Gatos, California, Netflix reported more than 81 million subscribers across the world,…

living. The experts at Murphy Properties, a company that offers apartment rentals in Connecticut and Rhode Island, say that today's seniors are healthier and more mobile than their predecessors and are choosing to remain in the workforce past traditional retirement age. Many are eager to explore a new lifestyle, and they're trading the responsibilities of home ownership for the freedom of apartment living. Apartment rentals appeal to active seniors for the following reasons: Safety: Apartments…

you might not be covered if you rent a room to another person without landlord knowledge. The purpose of the Residential Tenancies Act is to protect tenant from unlawful rent increase and wrongful removals, to establish and enforce standards for rental units, to balance the rights and missions of householders and property owners, to provide for the ruling of quarrels, and for other development to commonly explain arguments. Leases or other tenancy agreements cannot take away these basic…

affordable housing. Affordable housing is usually located outside the city limits. In order to solve this problem there has been various solutions implemented to keep affordable housing within city limits. One solution has been federal project-based rental assistance (PBRA). This is when homeowners receive a certain amount of money provided by the government. This helps the homeowner pay for their home. With every solution that is implemented there comes pros and cons. Some pros that come with…

Have you ever woken up one morning to discover that you are all congestion, you’re running a fever, and you need medicine ASAP. Yet the convenience store at your school is closed and you don’t want to walk to Walgreens when it’s 17 degrees out. My partners and I discovered that this was a common problem that all of us have encountered many times since we started our college careers at Drake University. In order to provide a solution for this problem, the idea of MedMachine was born. Our…