QUESTION 13 Match the correct items Net rent Effective rent Face rent Demolition clause...
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QUESTION 13 Match the correct items Net rent Effective rent ✓ Face rent ✓ Demolition clause ✓ Licence Assignment Gross Rent A. Allows a lessor to terminate the lease or relocate the lessee if the lessor intends redevelop or undertake major rufurbishment of the premises B. A transfer of benefits or rights of the lease by one Lessee to another Lessee. C. The amount paid by the Lessee to the Lessor once incentives are taken into account D. The amount of the rent printed in the lease entered into by the Lessor and Lessee E. Lessee pays a single sum amount of money in return for the right to occupy the premises. F. A contractual agreement between a property owner and another party which does not create an interest in the land. QUESTION 13 Match the correct items Net rent Effective rent ✓ Face rent ✓ Demolition clause ✓ Licence Assignment Gross Rent A. Allows a lessor to terminate the lease or relocate the lessee if the lessor intends redevelop or undertake major rufurbishment of the premises B. A transfer of benefits or rights of the lease by one Lessee to another Lessee. C. The amount paid by the Lessee to the Lessor once incentives are taken into account D. The amount of the rent printed in the lease entered into by the Lessor and Lessee E. Lessee pays a single sum amount of money in return for the right to occupy the premises. F. A contractual agreement between a property owner and another party which does not create an interest in the land.
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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