Real estate housing is having far off business. Overpopulation results in space limitation. In this way, the trend of flats system is gaining wide acceptance. People opt for it because it is feasible to keep their families in the city where they are doing jobs. For various kinds of businesses and offices, tenants hire property from landlords. Sometimes landlords or tenants come across various situations in which they must terminate...
A rental agreement also known as the lease is a document that describes any commercial or residential property being occupied under specific time period. Basically, a property manager uses it. Also, landlords use it for lending their property. This agreement is followed by various rules and procedures for verification of the person or business to which it is rented. Rental contract termination letters are used for many kinds of situations....
A lease is basically a contract between the landlord and tenant under fixed period of time. All kind of land, property, and services are basically leased under specific terms and conditions. Written documentations are the main part of this contract. Nowadays, it is becoming a very vast and profit gaining mode of business. Various rich landlords are mostly involved in leasing their property for investment and earning the profit. Sometimes,...
A lease is an agreement between the owner of the asset and user of the asset. It consists of names of the parties, renewal process, starting and ending dates, security deposit terms and some specific conditions depending on the type of contract. These types of contracts can be for an apartment, house, office or building. The user of the asset or property is bound to follow properly. If not followed,...
A rental contract consists of a various set of rules and policies. Both oral and written forms are legal and valid depending on the nature of time. The tenant is bound to follow all the rules. Some limitations also exist in such contracts. Some landlords do not allow the tenants to re-paint the house. Neither can they do any kind of construction. A monthly rent is paid by the tenant....
Various situations arise when landlords want their place or property to be vacated. Sometimes they are in need of money as a result of any loss they faced. Sometimes they want to shift to their place which they rented to tenants. Sometimes their siblings or children want to shift there. For all these reasons, they need to send a proper letter to tenants by telling the reason. Sometimes tenants also...
How are employers able to pay to their employees? It is by generating revenues from their business. But since businesses don’t remain static, they keep moving to and fro between profit and loss, there come times when a business faces financial pressures and continuous loss and this bars the business employer to continue to pay to his employees since no profit or progress is being made. In such situations, in...
A good physical health is necessary in order to perform well in the workplace. This is the reason why business employers want to make sure that the employees they hire are physically fit to perform the day to day tasks and are not suffering from a disease that could affect their performance or cause harm to other employees. It is usually asked by the employee to confirm that they are...
The importance of teamwork cannot be negated especially when it is related to businesses. It is the team that makes a business or breaks it. A good and efficient team, therefore, can be called the backbone of the business. Since teamwork requires the abilities to work in collaboration with the team there are sometimes some employees that lack this ability. They may be efficient on one hand but fail to manage...
