Ads
related to: land alabama sale owner lease applicationlawdepot.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
With a partial taking of the land, the tenant may claim apportioned rent for property taken. For example, suppose a tenant leases land for six months for ¤1,000 per month, and that two months into the lease, the government condemns 25% of the land. The tenant will then be entitled to take a portion of the condemnation award equal to 25% of the ...
A "sale/leaseback" or "sale and leaseback" is a transaction in which the owner of a property sells an asset, typically real estate, [4] and then leases it back from the buyer. In this way the transaction functions as a loan , with payments taking the form of rent .
Thus, the owner is not prevented from selling the land for (non-borrowed) cash, pledging it as security for a speculative loan, or giving it away, all subject to the outcome of the lawsuit. Once the lis pendens is recorded, however, the recipient (a "purchaser" or "grantee pendente lite ") [ 12 ] would be deemed to have notice of the litigation ...
Partition by sale constitutes a forced sale of the land, followed by division of the profits thus realized among the tenants. Generally, the court is supposed to order a partition sale only if the land cannot be physically divided, although this determination often rests on whether the economic value of the divided pieces is less in the ...
Alabama Amendment 1 was a legislatively referred constitutional amendment that will appear on the ballot in the US state of Alabama on November 5, 2024, concurrent with the 2024 United States elections. When passed, the amendment allowed the Franklin County Board of Education to manage, sell, or lease land in the Franklin County school system.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Ads
related to: land alabama sale owner lease applicationlawdepot.com has been visited by 100K+ users in the past month