A Cleaning Deposit is a fee specifically meant to cover the costs of cleaning a rental unit upon a tenant's move-out. This deposit ensures that the property is returned in a clean state, providing fairness to both landlords and incoming tenants.
Service charges are additional fees imposed for specific services rendered by an organization. These charges are commonly found in rental agreements and various service-based transactions.
A comprehensive guide to understanding sub-leases, including historical context, types, key events, applications, considerations, related terms, and more.
Detailed explanation of subletting: when a tenant rents out a property or a portion of it to another tenant while remaining responsible to the landlord.
Contract Rent refers to the predetermined amount of rent specified in a rental agreement, distinguishing it from economic rent, which is influenced by market conditions.
Overview of constructive eviction, a legal concept where through the landlord's fault, physical conditions of a property render it unfit for its leased purpose.
Understand the concept of a sandwich lease in real estate, where a lessee becomes a lessor by subletting the property and stands between the property owner and the end user. Explore its implications, examples, and related terms.
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