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LSDefine

Simple English definitions for legal terms

clear annual value

Read a random definition: NAFTA

A quick definition of clear annual value:

A clear annual value is the amount of money that a property earns in a year after all expenses, like taxes and mortgage payments, have been paid. It is important to know the clear annual value of a property when buying or selling it.

A more thorough explanation:

Clear annual value refers to the net yearly income that can be earned from a piece of property after all expenses, such as taxes and mortgage interest, have been paid. For example, if a rental property generates $50,000 in rent each year, but $10,000 is paid in taxes and $5,000 in mortgage interest, the clear annual value would be $35,000.

This value is important for property owners and investors as it helps them determine the profitability of a property. It can also be used by insurance companies to calculate the amount of coverage needed for a property.

For instance, if a property has a clear annual value of $35,000, an insurance policy may be written to cover that amount in case of damage or loss.

clear-and-present-danger test | clear chance

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[] c0bra1
23:01
glad theres bike lanes tho at home u just get run over by cars
[] c0bra1
23:02
yes the rentable ones
[] c0bra1
23:03
i walk/train mostly though i am actually a fan of the mta
23:03
There is this dood on utube who does uber eats in DC and I fear for his life every day
23:04
@c0bra1: oh nice. Yeh
[] c0bra1
23:05
i love that guy! bikingdc!
[] c0bra1
23:05
but yeah he does objectively dangerous stuff sometimes lol esp in the snow
23:10
yeah he plays with fire then wonders why he gets burned
23:10
he has such a good heart, like half his customers deserve no food
23:11
they mad disrespectful and rude
NarrowFaithfulCougar
23:39
@llama: Ehh most people are not aware of how they come off or how selfish they really are. I think if you are heating up a metaphorical crack pipe of convenience filled with gluttony and sloth, the majority of the people you attract are going to be like that. I hope RFK bans doordash/grubhub/uber eats etc. I have good stories from when I did that shit and I have the worst. The biking DC guy honestly gets average people. The average person just sucks.
NarrowFaithfulCougar
23:40
No faith in humanity man. I got absolutely none :(
NarrowFaithfulCougar
23:40
My brother got into a knife fight with some asian guy in Irvine, CA during COVID cus he wasn't wearing a mask in his car.
NarrowFaithfulCougar
23:42
"It's a real knife fight out there" - https://www.youtube.com/watch?v=48TySs8x2Dk
23:59
bro wants to ban doordash
NarrowFaithfulCougar
0:08
Shii I would ban people from eating fast food if I could but you would literally have to have the national guard outside of kfc to do that.
NarrowFaithfulCougar
0:10
Never gunna have universal healthcare in this country if this shit exists.
Damn bruh sound like a you problem to me
Bro never heard of a diet he mad cus mcdonalds be putting dem pouuuunds on him
NarrowFaithfulCougar
0:16
I have never ate there lol. What puts the pounds on me is the fucking izakaya yakitori.
0:24
@MrThickRopes: yeah bro after they launched the app I be buying err thang
MrThickRopes
0:58
same bruh
Mostlylegal
8:51
why wouldnt you just shut down the kfc?
MrThickRopes
9:08
Is we getting decisions dis morning?
only if you make it clap
Mostlylegal
9:24
fo pm @mrrickthopes
MrThickRopes
9:31
I staid up all nite waiting for dem decisions
MrThickRopes
9:31
Nd that’s legit
MrThickRopes
9:31
I ain’t slept
[] c0bra1
9:42
dats crazy
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