Tag: lease
Is It Allowed to Keep Money From A Car Insurance Payout...
Dealing with car accidents can be stressful. Managing insurance claims and repairs can add to the already overwhelming experience. After a collision, your car insurance...
Implicit Rental Rate
What is 'Implicit Rental Rate' The opportunity costs that a firm incurs as a result of using their own assets for ongoing...
Implied Warranty Of Habitability
The implied warranty of habitability is a legal doctrine that requires landlords to ensure that their rental properties are fit for human habitation. If...
Implied Warranty
DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...
Abandonment Clause
What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...
Accelerated Payments
What are accelerated payments and how do they work
Accelerated payments are payments that are made before the scheduled due date. They are often used...
Lease
DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...
Sandwich Lease
What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...
Cancellation Provision Clause
What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...
Cancelable Insurance
What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance...