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Property

Rental advance

An important term in the world of finance is the advance rent payment, also known as a lump sum payment, made by a tenant to the landlord at the start of a lease. This amount is then spread out over the lease term, offsetting the monthly rental payments. The advance rent can vary from 3 to 18 months, depending on factors such as the city, type and location of the property, and the duration of the lease. This is a crucial consideration for both landlords and tenants when negotiating a lease agreement.

Catchment area

When discussing finance, it is important to understand the concept of a watershed. A watershed refers to the land area that drains water into a specific body of water, such ...

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Greased lease back

In the world of finance, it is important to understand the concept of disposal. This refers to the act of a freehold or leasehold owner giving up their interest in a propert...

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Warehouse

A professor of finance would define warehouses as structures specifically constructed for the purpose of storing large quantities of raw materials or finished goods. These g...

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Conveyance

A deed is a legal document that transfers the ownership of land from one individual to another. It is an essential piece of paperwork in the world of finance that signifies ...

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