Repurchase agreement

One of the biggest mistakes that renters make is not getting renters insurance. Many people think that renters insurance is an unnecessary expense because their property manager has insurance. However, the manager's insurance only covers the building. It does not cover your belongings. There are a number of reasons you should get renters insurance. Below is a list of reasons that you should get renters insurance: Guest Injuries If someone gets injured while at your home, then you may be the…

So you've decided to rent a new place, congratulations! We're sure you're excited to move in. Maybe you're already packing your things. But hold on a second - there's something you need to do first. See, your landlord's insurance only covers so much. The cost of repairing the building after a storm or a fire, for instance. That's about it. To protect yourself and your belongings, you'll need renters insurance. In order to guide you through the process and help you get the best deal possible,…

in writing. Amy signed a leasing contract with High Now, which makes this is a valid agreement. Adhesion contracts are “take it or leave it” agreements that one party drafts the contract, and the other…

California Month to Month Rental Agreement California Civil Code permits a landlord to lease a residential property to a tenant using California Month to Month Rental Agreement. This type of month to month tenancy or tenancy at will is suitable for renters without a fixed requirement of rented accommodation. However, please ensure that a lead based paint disclosure and Megan's Law Disclosure is attached to the original contract form. In addition, here are some important considerations The…

This case study provides an overview of accounting for leases, specifically capital and operating leases. Some researchers have found that managers manipulate leasing data in order to report a large amount of debt on the off balance sheet, rather than on the financial statement (Biondi et al, 2011). When an entity leases property, they must pay installments on the property for the terms of the lease contract (Schroeder et al, 2011). While there are some benefits in leasing property, there are…

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…

By negotiating with the Navy KSI could possibly come up with an agreement that benefits both parties. Suggestions of key terms could include; leasing, renting or even a reduced price contract for the use of the equipment. By convincing the Navy that the time and money will be saved by allowing use of the needed equipment KSI will be more likely to gain use of the items. It is important that if use is granted there is a written agreement that states how, when and where the use of the equipment…

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…

6. ULTRA VIRES CONTRACTS A contract of company which is ultra vires, i.e., outside the objective clause as defined by memorandum of association is wholly void and is of no legal effect. The objection to an ultra vires contract is, not merely that the company ought not to have made it, but that it could not make it. The main issue is not as to the legality of the contract; but the issue is as to the competency and authority of the company to make it. An ultra vires contract which has the effect…