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A rental agreement, or lease, is the contract defining such terms as the price paid, penalties for late payments, the length of the rental or lease, and the amount of notice required before either the homeowner or tenant cancels the agreement. In general, responsibilities are given as follows: the homeowner is responsible for making repairs and ...
A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
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The procedure and requirements for a lease buyout title transfer differ from state to state. For instance, in New York, lessees who want to purchase their leased vehicles have to complete the MV ...
The Midcoast Regional Redevelopment Authority (MRRA) is a public municipal corporation created in 2007 by the Maine State Legislature to manage the conversion of the former Naval Air Station Brunswick to civilian use. [2] MRRA is overseen by an 11-member board of trustees appointed by the Governor of Maine and confirmed
A break clause is a term in a contract that allows early termination of the contract before the default end date. In accordance with English property law , such clauses are typical in tenancy agreements, so as to allow a tenancy to come to an end before the end date stated in the agreement. [ 1 ]
The state requested the lease from the federal Bureau of Ocean Energy Management for a floating offshore wind research array with up to a dozen turbines capable of generating up to 144 megawatts ...
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