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Roatan Bay Islands from hotel lobby display Roatan from cruise ship. Roatán is a coral island. Situated atop an exposed ancient coral reef, it rises to about 270 m (890 ft) above sea level. The easternmost quarter of the island is separated by a 15-meter-wide channel through the mangrove forest.
A typical rental is either annual or month-to-month, and the amount of rent may be different for long-term renters (because of lower turnover costs). Leaving a long-term lease before its expiration could result in penalties, or even the cost of the entire agreed period (if the landlord is unable to find a suitable replacement tenant after ...
A rental agreement may provide for the renter or lessee to become the owner of the asset at the end of the rental period, usually at the renter's option on payment of a nominal fee. Such arrangements may be known as Rent-to-own, a term used in the United States for rental of furniture or appliances. The term is also used in the US for real ...
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
The next phase of the project will be an expansion of the airport's car parks and pick-up and drop-off locations, rental area, and shopping area. In January 2022, the runway extension work will begin, so the airport can pass 3 million passengers per year and accept intercontinental flights.
The proliferation of short-term rentals can affect those in the area who are looking for long-term rentals. [5] Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [citation needed] Thus landlords convert their properties into short-term rental units