This is the basis of commercial ubuntu. It’s important to remember that both parties are impacted by the lockdown. Tenants may have suffered loss of income and find it hard to pay rent. But landlords too may have bond payments to make that are affected by non-payment of rent. The ...
It’s used in real estate—mainly in commercial leases—to make sure everyone agrees on the lease details, like how much rent is and if there are any special rules. A tenant estoppel certificate is pretty much the same thing, but makes it clear that it’s the tenant who is confirming o...
Unrealised rent means such rent whichis irrecoverable and is considered to be loss i.e. bad debt and in such cases, expected rent shall be computed for full yearand while computing rent received or receivable, such unrealised rent shall be excluded and GAV shall be higher of expected rent an...
Rent expense is the amount of money that is paid for occupying the space of a business or a company. The amount of rent expense...
The sunk cost fallacy is a psychological barrier that ties people to unsuccessful endeavors simply because they've committed resources to it. 沉没成本谬误是一种心理障碍,它将人们与不成功的努力联系起来,仅仅是因为他们已经投入了资源。 Examples of sunk costs include salaries, insurance, rent, nonrefundab...
Contrary to the residential rent which comes with certain protections for the tenant, a commercial tenant is considered to be on equal footing with the landlord in negotiating a commercial lease agreement. Therefore, there are usually far fewer state protections in place that look out for a busine...
Advance rent payment Prepaid insurance Unearned Revenue in the Books When the business provides the good or service, the unearned revenue account is decreased with adebitand the revenue account is increased with acredit. If a business entered unearned revenue as an asset instead of a liability, th...
A rent abatement is a reduction in a person's rent that can happen either at the beginning of the rental period or after the...
revenue is income earned by the company from its business activities. There are many different types of revenues including product sales, consulting fees and other services, rent, and even commission based fees. Any type of income that is earned from business operations is considered to be a rev...
Equity REITs– These REITs own properties that produce income, such as apartment buildings, commercial buildings and other types of properties, such as storage facilities. They make money as their tenants pay rent, or when they sell properties at a gain. ...