Landlord–tenant law

DGAP-News: publity AG: Consulate as new long-term tenant in Frankfurt's WestendCarree and rental successes in Leonberg

Retrieved on: 
Thursday, May 20, 2021
Landlord–tenant law, Articles, Law, Real property law, Property, Property law, Frankfurt, Hesse-Nassau, Lease

b'The issuer is solely responsible for the content of this announcement.\nFrankfurt, 20.05.2021- publity AG ("publity" Scale, ISIN DE0006972508) has attracted another long-term tenant for the WestendCarree in Frankfurt.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nFrankfurt, 20.05.2021- publity AG ("publity" Scale, ISIN DE0006972508) has attracted another long-term tenant for the WestendCarree in Frankfurt.
  • The Consulate of the United Mexican States will relocate to the attractive office property in Frankfurt\'s West End starting in November 2021.
  • The tenancy agreement for an area of just under 450 square metres including storage covers a period of 10 years.
  • This is a clear sign of how much demand there is for well-equipped office properties in prime locations, despite the growing home office trend.

SolaREIT Introduces Pre-Paid Lease

Retrieved on: 
Monday, May 17, 2021
Articles, Contract law, Landlord–tenant law, Business law, Law, Lease, Property law, Private law

b'ROCKVILLE, Md., May 17, 2021 /PRNewswire/ -- SolaREIT, a solar real estate investment fund, is introducing their Pre-Paid Lease allowing solar developers to provide landowners with up-front payment for up to 30-years of lease payments.

Key Points: 
  • b'ROCKVILLE, Md., May 17, 2021 /PRNewswire/ -- SolaREIT, a solar real estate investment fund, is introducing their Pre-Paid Lease allowing solar developers to provide landowners with up-front payment for up to 30-years of lease payments.
  • With SolaREIT\'s Pre-Paid Lease, landowners can pull forward 10 to 30 years of payments.
  • With our Pre-Paid Lease, landowners now have a wider range of ways to be compensated," said Laura Pagliarulo, President of SolaREIT.
  • "\n"We needed capital for a landfill we were purchasing to build a solar project, and SolaREIT offered to pre-pay the lease," says Jim Bodecker, Co-Founder of National Energy Development.

Innovative Industrial Properties Acquires Pennsylvania Property and Expands Real Estate Partnership with Parallel, a Leading U.S. Cannabis Well-Being Company

Retrieved on: 
Friday, May 14, 2021
Other Retail, Tobacco, Specialty, Other Construction & Property, Agriculture, Commercial Building & Real Estate, Natural Resources, Construction & Property, Retail, Alternative medicine, REIT, Health, Articles, Cannabis, Cannabis law, Drug control law, Landlord–tenant law, Law, Property tax, Lease, Legality of cannabis, Private law

Parallel is expected to complete additional tenant improvements for the property, for which IIP has agreed to provide reimbursement of up to $26.0 million.

Key Points: 
  • Parallel is expected to complete additional tenant improvements for the property, for which IIP has agreed to provide reimbursement of up to $26.0 million.
  • With limited licensing, the state allows for up to 25 growing and processing licenses and up to 150 dispensary licenses.
  • Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
  • All statements other than historical facts, including, without limitation, statements regarding the lease of the Pennsylvania property, Parallel and the Pennsylvania regulated cannabis market, are forward-looking statements.

Ban the Box Type Legislation Could Affect Tenant Screening; Opines TenantScreeningUSA.com

Retrieved on: 
Wednesday, May 12, 2021
Real property law, Landlord–tenant law, Business process, Tenant screening, Property, Economy, Articles, Landlord, Leasehold estate

"\nHaving a criminal record represents a significant challenge to hundreds of thousands of people across the United States.

Key Points: 
  • "\nHaving a criminal record represents a significant challenge to hundreds of thousands of people across the United States.
  • Every day they can be reminded of a past indiscretion, one that can create barriers for employment and housing.
  • A best practice remains in working with a well-qualified third-party tenant screening agency in order to remain compliant with law.
  • With a highly trained and experienced staff, TenantScreeningUSA.com can provide help to landlords and property managers with all their tenant screening needs.\n'

Halo.rent raises £1.25m to digitize home rental process

Retrieved on: 
Tuesday, May 11, 2021
Landlord–tenant law, Real property law, Renting, CBDO, Leasehold estate, Property, Economy, Law and economics

The platform is now open to the public, following field testing with leading UK property managers.\nThe property rental process today is very fragmented.

Key Points: 
  • The platform is now open to the public, following field testing with leading UK property managers.\nThe property rental process today is very fragmented.
  • Tenants discover properties on classified ads portals, but that\'s where their digital journey ends.
  • "\n"Today, tenant rental journeys are broken and frustrating due to fragmented and outdated software environments," said Benas Baltramiejunas, co-founder and CBDO at Halo.
  • We\'ve modernized the process, and we\'re seeking to create a one-stop-shop for the 135m (and counting) renters in Europe.

UDR Announces Correction of Certain Operating Metrics and Reaffirms Prior Financials and 2021 Guidance

Retrieved on: 
Monday, May 10, 2021
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Articles, Landlord–tenant law, Contract law, Business law, Lease, Property law, Apartment, Law, Private law

b"(1) The Company defines: (a) Effective Blended Lease Rate Growth as the combined proportional growth as a result of Effective New Lease Rate Growth and Effective Renewal Lease Rate Growth.

Key Points: 
  • b"(1) The Company defines: (a) Effective Blended Lease Rate Growth as the combined proportional growth as a result of Effective New Lease Rate Growth and Effective Renewal Lease Rate Growth.
  • Actual results may differ materially from those described in the forward-looking statements.
  • As of March 31, 2021, UDR owned or had an ownership position in 52,617 apartment homes including 1,417 homes under development.
  • For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510005919/en/\n"

Kontrol Technologies partners with RCAP Leasing to offer a financing solution for BioCloud customers

Retrieved on: 
Monday, May 10, 2021
Articles, Contract law, Business law, Law, Landlord–tenant law, Lease, Property law, Private law

"The RCAP model allows us to focus on manufacturing and distribution while providing our customers with greater financing flexibility.

Key Points: 
  • "The RCAP model allows us to focus on manufacturing and distribution while providing our customers with greater financing flexibility.
  • Financing through RCAP Leasing will be available across Kontrol\'s distribution network in Canada.\n"We at RCAP Leasing are excited about the opportunity to support Kontrol BioCloud with a point-of-sale financing solution."
  • "Our lease offering will allow Kontrol BioCloud\'s customers to lease with a low, fixed monthly payment over a set term.
  • Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com\nRCAP Leasing operates one of Canada\'s longest-serving and most-respected equipment financing businesses.

Texas Rent Relief Program Helping Texas Renters and Landlords, Prioritizing Applicants at Risk of Eviction

Retrieved on: 
Thursday, May 6, 2021
Real property law, Affordable housing, Housing in the United States, Real estate, Land law, Eviction, Housing, Landlord–tenant law, Property law, Landlord, Costa–Hawkins Rental Housing Act

b'AUSTIN, Texas, May 6, 2021 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) Texas Rent Relief program is helping renters get assistance with up to 15 months of rental assistance including back rent and up to three months of future rent, as well as utility assistance.

Key Points: 
  • b'AUSTIN, Texas, May 6, 2021 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) Texas Rent Relief program is helping renters get assistance with up to 15 months of rental assistance including back rent and up to three months of future rent, as well as utility assistance.
  • "Landlords can get up to 15 months of rent paid through this program, but only if they don\'t evict.
  • "\nThrough the Texas Eviction Diversion Program (TEDP), courts can work with landlords and tenants to put a temporary stay on the eviction process while the parties pursue assistance through the Texas Rent Relief program.
  • "\nTDHCA launched a public dashboard to report on the Texas Rent Relief program\'s performance, available at TexasRentRelief.com .

Premier Financial Services, LLC Acquired by 1st Financial Bank USA

Retrieved on: 
Tuesday, May 4, 2021
Articles, Contract law, Business law, Landlord–tenant law, Legal documents, Property law, Law, Lease, Private law, Vintage car

b'WOODBURY, Conn., May 4, 2021 /PRNewswire/ --Premier Financial Services (PFS) the nation\'s leading finance company providing specialty leasing for new and previously owned Ferraris, Porsches, McLarens, Lamborghinis and other exotic, vintage and luxury automobiles announced today that the company has been acquired by 1st Financial Bank USA (1FBUSA).

Key Points: 
  • b'WOODBURY, Conn., May 4, 2021 /PRNewswire/ --Premier Financial Services (PFS) the nation\'s leading finance company providing specialty leasing for new and previously owned Ferraris, Porsches, McLarens, Lamborghinis and other exotic, vintage and luxury automobiles announced today that the company has been acquired by 1st Financial Bank USA (1FBUSA).
  • I could not be more pleased to have selected 1st Financial Bank USA as Premier\'s new owner.
  • PFS\'s Simple Lease which is unlike pre-packaged, closed-end lease arrangements provides car owners with greater flexibility, including favorable options for lease termination.
  • That feature is particularly important to exotic and vintage car owners, who often move in and out of cars on a frequent basis.

Tower One Announces Filing of its Q4 and Year 2020 Annual Report

Retrieved on: 
Monday, May 3, 2021
Land tenure, Landlord–tenant law, Leasehold estate, Leasing, Real property law, Renting, Property, Economy, Law

This group previously had acquired a portion of the US Business \xe2\x80\x9cTCTS\xe2\x80\x9d Tower Construction and Technical Services Inc.\nMr.

Key Points: 
  • This group previously had acquired a portion of the US Business \xe2\x80\x9cTCTS\xe2\x80\x9d Tower Construction and Technical Services Inc.\nMr.
  • "\nTower One Wireless Corp.\xe2\x80\x99s principal business is to build, own and operate multi-tenant wireless telecommunications infrastructure (\xe2\x80\x9ctowers\xe2\x80\x9d) in Latin America.
  • The Company is focused on the build to suit tower industry whereby a long-term lease is secured with a tenant prior to building a tower.
  • The Company operates in the three largest Spanish speaking countries in Latin America (Colombia, Mexico and Argentina) with a combined population of approximately 220 million people.\n'