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However, as the audit involves the inspection of other rights and obligations, names such as Lease Compliance Consulting and Lease Review are more appropriate. Lease Audit is a systematic process consisting of the examination of all documents associated with the lease, the measurement of space and the interpretation of lease language.
Landlords may not interfere with the right of tenants to form, join or participate in tenant organization, and may not punish, harass, or retaliate against tenants for exercising these rights. Tenant unions have the right to meet on the premises in any common use area without having to pay a fee.
The company operates in four business segments. The construction segment is engaged in the planning, design and construction of contracted works; the real estate segment is engaged in the brokerage, management and leasing of real estates; the financial segment is involved in the construction loan business and fire reinsurance business; the others segment is engaged in the sale of fuel, the ...
Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to perform (i.e. a promise to pay) is also satisfactory. Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's ...
Lot owners and prospective purchasers with written permission from a lot owner, can inspect the books and records of a strata scheme for a fee in accordance with section 108 of the Strata Schemes Management Act 1996. There are companies which specialise in inspecting the books and records and can organise a 'strata search' inspection. [8]
The contract of lease will be deemed to include these provisions. Such provisions include the provision that, before the tenant takes occupation, there must be a joint inspection of the leased premises for defects and the right to privacy. The contract of lease may be entered into orally, expressly or impliedly.
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