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Attornment (from French tourner, "to turn"), in English real property law, is the acknowledgment of a new lord by the tenant on the alienation of land. Under the feudal system, the relations of landlord and tenant were to a certain extent reciprocal. So it was considered unreasonable to the tenant to subject him to a new lord without his own ...
In commercial real estate, a tenant inducement (TI) is some sort of consideration given by a landlord in order to attract a new tenant or have an existing one renew their lease. Depending on the contents, the concept may be known as a concession or rent abatement, instead of inducement. There are several different forms of inducements.
The Build-To-Rent Boom Collides With the War on Corporate-Owned Housing . Last week, Point2Homes, a part of property management software company Yardi, released a report showing a boom in the ...
Some rental agreements, however, require tenants to pay a series of fees, on top of rent, they can't get out of. Such is the case for Ricardo Fourzan, an apartment resident in Aurora, Colorado ...
A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.
The Quad Cities Tenant Alliance, under Quad Cities Interfaith, hosted a Renters Rally at 5 p.m. Wednesday, Nov. 6, outside of Davenport City Hall, 226 W. 4 St. The rally was held ahead of the city ...
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 .
"Tenant's current lease appears to grant tenants strong long term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053."