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Simple English definitions for legal terms

graduated lease

Read a random definition: choice-of-evils defense

A quick definition of graduated lease:

A lease is a contract where someone who owns property lets someone else use it in exchange for money. The lease can be for a short or long time, and the person using the property usually has to pay for things like taxes and maintenance. There are different types of leases, like ones for businesses or for mining. When someone leases property, they don't own it, but they have the right to use it for a certain amount of time.

A more thorough explanation:

A graduated lease is a type of lease agreement where the rent amount increases over time based on certain conditions, such as operating expenses or gross income. For example, a commercial property lease may have a graduated rent structure where the rent increases as the tenant's business grows and generates more revenue.

Another example of a graduated lease is a residential lease where the rent increases annually by a fixed percentage. This type of lease is common in rent-controlled areas where landlords are limited in how much they can increase rent each year.

Overall, a graduated lease allows for flexibility in rent payments and can benefit both the landlord and tenant. The landlord can adjust the rent to reflect changes in the property's value or the tenant's ability to pay, while the tenant can plan for future rent increases and budget accordingly.

gradual method | graduated-payment adjustable-rate mortgage

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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