Online English Summarizer tool, free and accurate!
The ownership of the underlying asset is transferred to the lessee at the end of the lease term.The lessee has a purchase option to purchase the leased asset, and is reasonably certain that he will use
it.
The lease term covers the greater part of the remaining economic life of the underlying asset.The present value of the sum of all lease payments and any residual value guaranteed by the lessee
matches or exceeds the fair value of the underlying asset.In terms of its existence or its appointment, as for the term, it enjoys its privacy
because the lease contract is one of the continuous contracts, as the term extends continuously all the
obligations and rights of the two parties to the contract.The landlord may tell you orally that they will stop enforcing that part of
the lease, but you should not rely on this type of promise.
The ownership of the underlying asset is transferred to the lessee at the end of the lease term.
The lessee has a purchase option to purchase the leased asset, and is reasonably certain that he will use
it.
The lease term covers the greater part of the remaining economic life of the underlying asset. This is
considered to be 75% or more of the remaining economic life of the underlying asset.
The present value of the sum of all lease payments and any residual value guaranteed by the lessee
matches or exceeds the fair value of the underlying asset.
The asset is so specialized that it has no alternative use to the lessor after the lease term.
Time period of the lease
The term is the most important pillar in the lease contract, because the other pillars are very similar to the
rest of the contracts. In terms of its existence or its appointment, as for the term, it enjoys its privacy
because the lease contract is one of the continuous contracts, as the term extends continuously all the
obligations and rights of the two parties to the contract. The two parties shall set the starting date of the
contract in order to calculate its term if it is a fixed term.
Permission for physical changes to the property if needed
As your relationship with your landlord unfolds, you may decide that certain terms in your lease or rental
agreement need to be changed. The landlord may tell you orally that they will stop enforcing that part of
the lease, but you should not rely on this type of promise. You never know if the building will change
ownership or if the landlord will simply change their mind, and an oral change to a written agreement is
hard to enforce. Instead, you should make the change to the lease in writing so that both sides have a
record of it.
Summarize English and Arabic text using the statistical algorithm and sorting sentences based on its importance
You can download the summary result with one of any available formats such as PDF,DOCX and TXT
ٌYou can share the summary link easily, we keep the summary on the website for future reference,except for private summaries.
We are working on adding new features to make summarization more easy and accurate
Нефтяное богатство Йемен обладает огромными нефтяными богатствами и огромными запасами нефти, поскол...
Woman empowerment has been a significant theme in literature, highlighting the struggles, resilience...
بالطبع، إليك مقترح لهدف البحث: "هدف هذا البحث هو تحليل وفهم دور المعلم في تنمية مهارات التعلم الذات...
وتعتبر ظفار من المجتمعات التي تحافظ على العادات والتقاليد وتبرز ثقافتها بشكل أكبر. المجتمع الظفاري ه...
الخصومة القضائية إذا كانت الخصومة لغة هي نزاع بين شخصين، فإن هذا ليس هو معناها الاصطلاحي فهي...
كثير من التلاميذ لا يبذلون جهداً خلال العام الدراسي، ويحاولون الغش في الامتحانات يعتبر الكسل الأكاد...
قام وكسلر بنشر مقياسه الشهير المعروف باسم "مقياس وكسلر - بيلفيو للذكاء الراشدين والمراهقين" لأول مرة...
من اهم الاسباب الهجرة هي 1. البطالة وضعف الفرص الاقتصادية: يعاني المغرب من مشكلة البطالة بين الشباب...
Small and medium-sized islands (SMIs) frequently have inadequate financial and human resources. A si...
مُغَامَرَةٌ فِي عُرْضِ الْبَحْرِ 1 - ذاتَ يَوْمٍ مِنْ أَيَّامٍ فَصْلِ الشَّتاء، كُنتُ مَعَ والدي في...
تعتبر السلامة والصحة المهنية من العناصر الأساسية التي يجب أن تكون في مقدمة اهتمامات أي مؤسسة أو مكان...
أبرز علماء اجتماع التربية أن من وظائف التربية إتاحتها الفرصة لولوج أعضاء جدد، فرديا وجماعيا، في مجتم...