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Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure. It provides liability insurance and the tenant's personal property is ...
Common area maintenance charges ( CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...
Conversion is an intentional tort consisting of "taking with the intent of exercising over the chattel an ownership inconsistent with the real owner's right of possession". [ 1] In England and Wales, it is a tort of strict liability. [ 2] Its equivalents in criminal law include larceny or theft and criminal conversion.
The complaint filed by AG Schwalb on Nov. 1, said the accused landlords in D.C. agreed to “delegate their price-setting authority to RealPage, rather than competing on price.”. Landlords ...
Home insurance. Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI ), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents ...
Rental Management Software Functionality. Rental management software should cover all aspects of a rental business in a systematic way including Financials ( GL, AR and AP ), Equipment Servicing, CRM and reporting functionality allowing rental businesses to achieve all their business analytics from within a single package. Rental management ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy .
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