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FAQ

How can I get out of my residential lease?
By removing the landlord's reason for objecting to it. Most landlords aren't interested in a tenant's life circumstances or their complaints about the apartment, they simply want the rent paid by a responsible tenant. Use Craigslist or other local advertisement to find a qualified replacement tenant who is willing to take over your lease or, preferably, to sign a new lease with the landlord. Once you've found someone, then contact the landlord and request consent to assign your lease to this new party or, preferably, to terminate your lease without penalty subject to acceptance of your replacement tenant. That's how to get out of a residential lease.
How can I fill out the income tax return of the year 2016-17 in 2018?
There is no option to file online return but you can prepare an offline return and went to the officer of your jurisdiction income tax commissioner and after his permission you can file the return with his office.
What lease terms are important to run a business out of residential property?
U.S. perspectiveThe most important legal issue for operating a business from a residential property is not a lease provision, it is whether local ordinances permit the business in question to be operated from a residential property.If such usage is permitted by ordinance, then you need to make sure that the lease permits commercial use of the premises. After that, most provisions are pretty routine (rental amount and payment date, obligation to maintain the premises and grounds, etc.).If such usage is not permitted by ordinance, then you need to look elsewhere.I actually ran across this issue for a client. My client’s corporation decided to buy the business of another corporation, which operated out of its owner’s former home. The parties had assumed that the business would continue operating in the same location. I did some quick online research and determined that in the relevant city, businesses could not operate from residential properties. My client needed to find commercial space to continue operating the business, and the purchase-and-sale agreement was revised accordingly.
What lease terms on renewal are important to run an existing business out of residential property?
Residential properties generally aren't zoned to support businesses.If the neighborhood and the city allows businesses to be run from the homes, the lease term on commercial properties are normally three years to five years, with at least two extensions of equal length. The extensions are normally at increased rates. That time allows the tenant to build their business and it assures the landlord that they will have income and not have to worry about that property during the lease.In most commercial leases, there is also triple net (NNN). That is a fluctuating additional monthly cost that the tenant pays to cover the owners cost of property taxes and any increase in property taxes, general maintenance on the property and to the grounds of the property, and insurance on the property.The tenant usually also takes on the cost of all repairs to the property other than the roof and the exterior walls.
How can I fill out the FY 2015-16 and 2016-17 ITR forms after the 31st of March 2018?
As you know the last date of filling income tax retruns has been gone for the financial year 2015–16 and 2016–17. and if you haven’t done it before 31–03–2018. then i don’t think it is possible according to the current guidlines of IT Department. it may possible that they can send you the notice to answer for not filling the retrun and they may charge penalty alsoif your income was less than taxable limit then its ok it is a valid reson but you don’t need file ITR for those years but if your income was more than the limit then, i think you have to write the lette to your assessing officer with a genuine reason that why didn’t you file the ITR.This was only suggestion not adviceyou can also go through the professional chartered accountant
Is it possible to get out of a Residential Lease that I signed 4 months ago for a one year agreement?
I am a landlord and also a licensed broker. Aside from simply trying to negotiate with the landlord to break your lease early, there's nothing you can legally do to break it and not be on the hook for the remainder of the lease term. HOWEVER, if you abandon the premises, the landlord has a legal obligation to make his/her "best effort" to re-rent the property out. If the landlord finds a new tenant, then you are off the hook from that point on. Any months during the lease where rent was not paid and the landlord didn't have a new tenant in place, you'll be on the hook for. If you choose not to pay those amounts, the landlord can pursue civil action against you to recover them.Whether your landlord will actually follow the law and make a reasonable effort to re-rent the property out really is determined by whether you were paying above/below market rate for the place, and/or how easy it will be for the landlord to come after you to recover that money.The one thing the landlord can not legally do is collect double rents (i.e from you and a new tenant).
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