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Under an operating lease, the lessee records rent expense over the lease term, and a credit to either cash or rent payable. If an operating lease has scheduled changes in rent, normally the rent must be expensed on a straight-line basis over its life, with a deferred liability or asset reported on the balance sheet for the difference between ...
Renting, also known as hiring [1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord.
The 1918–1920 New York City rent strikes were some of the most significant tenant mobilizations against landlords in New York City history. [2] A housing shortage caused by World War I had exacerbated tenant conditions, with the construction industry being redirected to support the war effort.
In the second quarter of 2020, the average rent in San Diego County was $1,926, reflecting a 26% increase over three years, according to the San Diego Union-Tribune.
For instance, to rent a "deluxe" car — those valued between $45,000 to $85,000 — drivers must be older than 25. "Super deluxe" cars, or those valued over $85,000, are limited to people over 30.
Officials have estimated that the typical retrofit of a soft-story building in L.A. costs from $80,000 to $160,000, although costs can vary depending on the size of the building.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.