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Lease Bonus: Prepayment for future expenses. Classified as an asset; amortized using the straight-line method over the life of the lease. Rent Kicker, or Percentage Rent: Common in retail store leases. This is a premium rent payment that the lessor requires and is treated as a period expense.
Wholesale line rental. Wholesale line rental (WLR) is a service in which a telecommunications operator takes control of all the connections made through a telephone line from the native operator and collects the subscription fee from the subscribers. [1][2] With WLR the alternative telecoms provider buys a wholesale product from the incumbent ...
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.
Travel insurance claims denials up 33%: Here are 5 reasons why you may not get reimbursed. Having your travel insurance claim accepted depends on a variety of factors, such as your coverage policy ...
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.
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The anti-budget approach seems easy enough, but you’ll need to factor in things like paying off debt and creating an emergency fund (your 20%-30% savings should initially go to these things) and ...
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.). In such a lease, the tenant or lessee is ...
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