Lease Termination And Ethical Obligations

Disadvantages of leasing include the zero accumulation of equity. Also if the lease period is too long, you could be locked into an agreement for space that no longer serves your needs. Additionally, the property manager or landlord can limit expansion and modification (Spohn, 2010). These issues would need to addressed with the landlord prior to avoid any issues post-signing.

Because rent control sometimes ends or the rent can be raised when a tenant is evicted, landlords may abuse the right to evict tenants. Most cities that have rent control laws limit the reasons for an eviction. A landlord can’t give the tenant a 30-day or 60-day notice that the tenant must leave. The landlord must have a good reason for the eviction such as nonpayment of rent, breach of the rental agreement like pets that aren’t allowed, or illegal activity.

Managing unrealistic tenant expectations is an unavoidable challenge that every property management teams will eventually face. The reality is that community managers, leasing staff and office personnel are human, and are subject to the same time and space constraints that tenants and other mortals face. While you cannot expect to always agree with a resident’s point of view, it’s important to at least consider the opposing lens.

Needspace entered a operating lease with WeHaveIt for 10-Year Lease term.Lease agreements have certain provisions depending on how the contract is written by the lessor to the lessee and what type of lease agreement. In this lease agreement we are focusing operating lease with provisions of NeedSpace and WeHaveIt, which has a 10 year lease term, no options to renew or negotiate renewal offered in the contract and the lessee incurs certain cost, repairs and maintenance. In regards to ASC 840 leases, according to 840-10-20 and 840-10-05-9A, 840-10-05-9B an operating lease is when the lessor the owner of the property gives the lessee the right to use property, plant or equipment for a limited amount of time. Meaning the lessee

Shadow charts were developed to gather data and information for additional departments and medical personnel that need access to part of a patient’s file or records. The original records should always remain in the patient’s primary chart allow copies may be available to ancillary departments that may need access to the information. The same level of confidentiality and security applies to the shadow charts. They must be in a secure location with access by authorized personnel only. Additional information that should be included in shadow charts is a formal recording process to document those who access the information. Furthermore, a consistent system of upgrading the

Section 1, titled terms lists the terms of the contract. The terms of the agreement must be definite and certain. All material terms must be included. The material terms allow a court to determine what the damages are in the event that one of the parties breach the terms of the contract. Section 1, of Exhibit D: Commercial Lease Agreement list the date the lease starts and the date the lease ends. It then lists the damages that the tenant may take if the landlord is not able to provide the leased premises in a timely manner. The section then goes on to state the terms of the renewal process. The process of renewing the lease is set with a written notice of 90 days. This process is definite and certain. The renewal provision then states that the terms shall be at the rental listed in the below sections of the agreement and upon the same covenants, conditions and provisions as contained in the lease agreement. Both the terms listed to lease the premises and to renew the contract is definite and certain and it lists the material terms.

The lease provision that requires the lessee to remove the capitalized leasehold improvements at the end of the lease term does create legal obligation and that should be within the scope of asset retirement obligation.

The next type of lease is the financial lease. This lease does not include a maintenance fee and this type of lease is like a rent to own when the lease is paid in full the ownership is transferred to the organization.

.54#2. What are your ethical responsibilities to group members at the termination of their group? Explain

941 So.2d 396 (4th DCA, 2006), “The elements of a breach of contract action are a valid contract, a material breach, and damages.” Mr. Jenkins, Mrs. Johnson and Mrs. Cooper consciously and voluntarily entered into a contract with the Landlord. By signing a written lease agreement, they agreed that the words of a contract are clear, definite and must be understood according to their ordinary meaning. By breaking a lease agreement before the expiration date, the defendants failed to perform their obligations according to the valid contract. In consequence of a breach of contract, the plaintiff was harmed by that failure and caused a financial damage by receiving only 2/3 of full monthly payment.

Ethics refers to a system of moral standards that guide the decision for human conduct of what is right and wrong based on everyday life situations, usually in terms rights, obligations, benefits, fairness, or virtue. Ethics is used as a formal guideline for conducting business in order to minimize pain to the greater number of people as a whole. The principles of ethics come from the knowledge and understanding of the word of God, the Bible. It tells us how we ought to think and behave toward one another considering first, how we want to be treated. For instance, we have the right to freedom of speech as long as we don’t insult the integrity of others. In addition, God gives us examples for how make right decisions and

At this point it seems as if LeasePlan was merely at the beginning of this initiative. Anytime there is a new strategy implemented, the team have to revisit and solicit feedback. Feedback is very important, they should definitely put some feedback sessions in place to ensure that they are on the right path. This will help leadership make some modifications to the program if need be. As a strategy I believe that LeasePlan should align the females on the fast track to leadership positions, with some of the great influential male leaders who are currently in position. LeasePlan should research to find out how some women are missing, and just are not qualified for leadership positions. Since there is a desire and a need for diversity in LeasePlan

Sharing Apartment This case is about three women's, Tameka, Tracy, and Juanita who share an apartment that had a regular kitchen and living room, and every one of them has her own bedroom (Strike and Moss 94). The three of them are like each other, but unfortunately there had different sexual life that force them to separate. Tameka is practically married from her boyfriend, Glenn, and he stays overnight a lot in the apartment. Tracy from time to time has short affairs with any men she brings home, and she never seeing the same person for more than one or couple nights.

There will be many scenarios that can challenge a counselor. However, when there are specific cases that involve harm to the clients’ person or another a counselor must follow the processes outlined in the bylaws of the American School Counselor Association. These outlined processes serve two important purposes, the purpose of protecting the client and the purpose of protecting the counselor. This paper will answer questions in response to the scenario of Angela.

This case starts with raw financial statements and then a) develops standardized financial statements, b) constructs a statement of cash flows, c) builds all the key ratios, d) links forecast inputs to future financial statements, and e) builds discounted cash flow and residual income valuation models based on the forecasts. The result is a simplified version of eVal4, the spreadsheet model that is provided with “Equity Valuation and Analysis” by Russell Lundholm and Richard Sloan, but one that you should completely understand (because you built it yourself!). To save you some time, many of the cells are completed; you only need to