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For example, if a buyer pays a $2,000 down payment and borrows $8,000 for a $10,000 parcel of land, and pays off in installments another $4,000 of this loan (not including interest), the buyer has $6,000 of equity in the land (which is 60% of the equitable title), but the seller holds legal title to the land as recorded in documentation in a ...
Hidden Valley Wildlife Management Area is a 6,400-acre (26 km 2) Wildlife Management Area in Washington County, Virginia, along its border with Russell County.The area is typified by mountainous mature hardwood forests that have regenerated on land logged in the early twentieth century; a number of small openings which are also maintained as habitat for local wildlife.
The plaintiffs, now a class of all homeless veterans with serious mental illness or traumatic brain injuries who reside in Los Angeles County, are demanding that the VA nullify the leases to make ...
Morris Creek Wildlife Management Area was a wildlife management area near Clendenin, West Virginia in Clay and Kanawha counties. It was located on 9,874 acres (3,996 ha) of steeply forested woodlands. [1] The area was closed in August 2021 after the land's owners decided not to renew their lease with the West Virginia Division of Natural ...
The bank would require lease payments and give the city an option to repurchase the asset. The lease obligations were low enough (due to the depreciation deductions the banks were now claiming) that the city could pay for the lease obligations and fund the repurchase of the asset by depositing most but not all of the sale proceeds in an ...
Hidden Valley is the name given to a wide, mostly unforested floodplain of the Jackson River some miles north of Virginia route 39 and west of US Route 220 in the George Washington National Forest. The Forest Service maintains the recreation area, including camping, [ 1 ] 180 acres of hayfields, and 20 miles of trails.
Lake Thompson is annually stocked with trout; populations of other sportfish were negatively impacted by unplanned lake drainage events in 2008 and 2010. [7] Access for persons 17 years of age or older requires a valid hunting or fishing permit, a current Virginia boat registration, or a WMA access permit.
Minimum lease payments are rental payments over the lease term including the amount of any bargain purchase option, premium, and any guaranteed residual value and excluding any rental relating to costs to be met by the lessor and any contingent rentals. Leased asset is depreciated in books of lessee over its useful life if lessee intends to ...