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 ...
Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...
Following FASB’s issuance of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), in 2016, GASB issued Statement No. 87, Leases, in June 2017, to become effective for reporting periods ...
In Kosciuszko Thredbo Pty Limited v ThredboNet Marketing Pty Limited, the Federal Court has ruled that a clause in a lease agreement that prohibited the lessee from using the lessor’s trademark was ...
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Lessee’s rights in case of an irresponsible landlord
Under our New Civil Code, renters are entitled to habitable living conditions. In particular, Article 1654 of the said code ...
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 ...
In difficult times, tenants may find themselves with an excess of rented space they do not need or can afford. The easiest thing would be for one to terminate the lease and return the property to the ...
If your small business leases assets to other companies, you need to know the difference between a direct financing lease and a sales-type lease. These two types of leases have different implications ...
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