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Entrance to the market was free, though parking on site near the entrance can cost as high as $5.50 for the evening. In October 2007, the Richmond Night Market's lease on Vulcan Way expired. [ 5 ] The landlord and Target Event Production Ltd. were unable to negotiate a new lease, primarily due to a rent increase. [ 6 ]
In general, by paying the negotiated fee to the lessor, the lessee (also called a tenant) has possession and use (the rental) of the leased property to the exclusion of the lessor and all others except with the invitation of the tenant. The most common form of real property lease is a residential rental agreement between landlord and tenant. [7]
The laws vary between local municipal levels, up to provincial and then a countrywide federal level of government. And the form of purchase can vary from sale to different types of leases, whilst transactions can be made through a physical paper form or digitally for the acquisition of property in Canada's ten provinces and three territories.
The 1990s saw the development of "FlexHousing", barrier-free housing, and "Healthy Housing", a program of energy efficiency and resource conservation in home construction. Despite these advances, however, affordability remained a concern, particularly in the early 1990s as a result of the ongoing recession , layoffs, and socio-economic uncertainty.
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]