know your landlord’s rights and responsibilities. Be wary of anything that says “I forfeit my right to an attorney” or “I will not seek legal action”. These are often thrown into the fine print and nullify any possibility of legal action later, if necessary, opening you up to further...
After all, storefronts forfeit valuable shelf space to test new products. FURTHER READING: For help more on tracking sales success in store, read about 10 Unique Tools Retailers Can Use To Measure In-Store Metrics. Examine Point-of-Sale System Data Point-of-sale system data is an invaluable...
It’s important to note that breaking a lease without proper justification or without following the terms outlined in the lease agreement can have legal and financial consequences. Depending on the jurisdiction and the specific circumstances, tenants may be required to pay a penalty, forfeit their s...
Bankruptcy can involve a repayment plan, selling off equity to pay off debtors, or negotiating with creditors to reduce your loan balance. What property you have to forfeit and how much of your debt you have to pay will vary depending on what type of bankruptcy you file for. Can I get ...
, beliefs changed to vindicate those butchered for their beliefs. The Seleucid emperor's brutality reached horrific proportions. Whole families chose to forfeit their lives rather than their faith. The story of the nine Maccabees serves as a prime example of this. A wife was forced to ...
with neighbors, health issues, safety concerns or job loss. Under the best of circumstances, you and the landlord will come to an agreement that lets you break the lease with minimal cost to you. Under less favorable circumstances, you could owe fees and rent and forfeit yoursecurity deposit...
the borrower must have made a good faith, written offer of rehire, and the employee’s rejection of that offer must be documented by the borrower. Employees and employers should be aware that employees who reject offers of re-employment may forfeit eligibility for continued unemployment compensation...
traditional mortgage. While the tenant has the option to become a homeowner, they are not obligated to buy the property if they decide not to. However, if the tenant chooses not to exercise their option to purchase, they may forfeit the option fee and any equity they have built in the ...
lease with a landlord for one year, it might include language stating that if the tenant breaks the lease, they will forfeit the security deposit. However, if the rental contract contains a military clause, then Pvt. Johnson would still be able to receive a return of their security deposit....
Furthermore, if a tenant pays to break a lease, or forfeits their security deposit, the amount received is considered rent and must be included as rental income for the year it was received.1 Special rules apply if the taxpayer rents out a dwelling that’s considered a residence fewer than...