Ashish Gupta outlines some rules that are applicable in the absence of a contract. <div class="section1"><div class="Normal">Every lease agreement has two parties ...
Lessor hereby warrants and agrees to defend title conveyed to Lessee hereunder, and agrees that the Lessee at Lessee’s option may pay and discharge any taxes, mortgages or liens existing, levied or ...
The leasing of a commercial aircraft to an airline in a foreign jurisdiction presents risks to the lessor and its secured lender, including whether an aircraft may readily be repossessed if a lease ...
In the course of an aircraft lease negotiation, the lessee will typically seek to ensure that the lessor provides an express covenant to the lessee that for so long as no default has occurred and is ...
If you own a building and use it for the purpose of leasing retail, warehousing, office or personal space to others, lessor's risk insurance is an essential financial tool for protecting you against ...
Reporting the effects of capital leases can be complicated regardless of whether you are renting out or using rented property. In either scenario, entering into the agreement will not affect the ...
Corrections and clarifications: This article has been updated to include further information on potential costs incurred by the lessee if a lease is terminated early. As part of my consumer watchdog ...
MSI and Vie entered into a contract of lease over a parcel of land in Manila. The lease contract was for a period of one year, with a fixed monthly rental. After the expiration of the lease contract, ...