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Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
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The level of the floor will depend on the bank providing the mortgage and when the mortgage was taken out, but it is typical to see floors of 3- 4%. This clause has been deemed by both the Spanish and European courts to be illegal, unfair and constituting ‘abusive’ practice. It is estimated that there are more than 3.5 million mortgages ...
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The sequence of additional payment, tax calculation, additional payment continues until the recipient receives the same amount, net of all the taxes, as would have been received had there been no taxes. The formula for calculating the total amount of a grossed-up payment is (the amount of the payment) divided by (1 minus the tax rate). Thus, a ...
A New York federal appeals court on Monday upheld a jury's verdict that President-elect Donald Trump sexually abused and defamed columnist E. Jean Carroll and owes her $5 million for doing so. "We ...
A 33-year-old man was charged Monday for allegedly setting on fire and killing a woman on a New York subway train in what authorities called a “brutal murder” and an example of “depraved ...