Additionally, this materiality cutoff would cause less than 15 percent of the current volume of reported minimum lease payments under operating leases to
Each implementing agency with open leases indicated an intent to "retrofit" open leases to
DSAMS to consolidate and simplify the tracking and reporting of leases.
ALTERATIONS AND IMPROVEMENTS TO LEASED EQUIPMENT: It's also common for leases to
preclude you from making any alterations to the leased equipment without the lessor's prior written consent.
The fact that rents increased under the leases, in and of itself, was insufficient to establish that the principal purpose for providing increasing rents was tax avoidance, a necessary requirement for leases to
In Coulter, the taxpayer had transferred equipment leases to
a bank in exchange for cash to expand its leasing business.
Additionally, brokers with project management experience have a unique perspective of the owner's viewpoint on the methods owners and landlords use to structure leases to
achieve desired returns.
Similarly, cross-default provisions purporting to link a tenant's compliance under multiple leases may be held ineffective to prevent a tenant from picking and choosing which leases to
assume and/or assign.
Green leasing team reviewed each tenant's status and developed a strategy, which resulted in the termination of 18 leases to
date and buy out income in excess of $5.4 million, net of arrears payments.
State agencies currently lease space in more than 100 office buildings throughout New York City, and many lending institutions currently consider these leases to
be "Triple-A rated," according to several sources.