Understandings definition

Understandings that are agreed upon with a handshake tend to mean nothing if they aren't written out when problems arise. As a Financial Samurai landlord, your goal is to achieve maximum tenant occupancy with minimum ongoing headaches in order to enjoy your freedom. Freedom is what having money is all about. If one of your assets is giving you more headache than freedom, then something must change. I'm bullish on owning rental properties for the foreseeable future as we come out of the pandemic. The housing market should remain very strong with rates coming back down, strong government support, and rebounding corporate earnings. Provide a good product with good service and clear terms, and I'm confident you will reap great benefits as a landlord down the road. Below is an example of a thorough residential lease agreement for landlords to use. You can use the residential lease as a base and customize it for your particular tenant and rental property situation. LEASE AGREEMENT, entered into between (Landlord/Owner) and MASTER TENANT: TENANT 2: TENANT 3: TENANT 4: For good consideration it is agreed between the parties as follows: 1. Location: Landlord hereby leases and lets to Tenants the premises described as follows: address and description of property. 2. Term: This lease shall be for a term of one year, commencing on XX/XX/XXX and month to month thereafter, with the option to sign another one year lease after expiry. Tenants agree to move out if the Landlord decides to sell the property or use the property for personal use at any point after the one-year lease expires. A minimum advance notice of 30 days will be given to the Tenants if such situation arises. 3. Rent: Tenants shall pay the Landlord in monthly payments of $Rental Amount on the first of each month for the month ahead. Payment by direct deposit is preferred to avoid late payment and penalties. If payment is not received by the 4th day of the month, a $XXX/day penalty will be assessed until payment is made and received in full, which is why an automatic electronic payment is the best payment method. After 30 days of non-payment an eviction notice will be filed and delivered. If tenants are in good standing, the landlord agrees the raise the rent to no more than $X,XXX for the second year. Master tenant must provide a minimum 60 days heads up notification before departure after the one-year lease is over to provide enough time for landlord to find new tenants. 3a Security Deposit: Tenants shall pay a securit...
Understandings that are agreed upon with a handshake tend to mean nothing if they aren’t written out when problems arise. As a Financial Samurai landlord, your goal is to achieve maximum tenant occupancy with minimum ongoing headaches in order to enjoy your freedom. Freedom is what having money is all about. If one of your assets is giving you more headache than freedom, then something must change. I’m very bullish on owning rental properties for the foreseeable future as we come out of the pandemic. The housing market should remain very strong with low rates, strong government support, and rebounding corporate earnings. Provide a good product with good service and clear terms, and I’m confident you will reap great benefits as a landlord down the road. Below is an example of a thorough residential lease agreement for landlords to use. You can use the residential lease as a base and customize it for your particular tenant and rental property situation. LEASE AGREEMENT, entered into between
Understandings means accepting the plurality of understanding. It also means putting understandings first, and finding ‘solutions to problems’ second, if anywhere at all;

Examples of Understandings in a sentence

  • Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

  • Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

  • Understandings, agreements, representations, or interpretations apart from those contained in the Agreement and the Order may not be used to vary or contradict their terms.

  • C ontracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

  • In recognition of the role of such persons in the defense of the ROK, they will be subject to the provisions of Article XXII, SOFA, related Agreed Minutes and Understandings.

  • Fact Sheet: First Step Understandings Regarding the Islamic Republic of Iran’s Nuclear Program,” November 23, 2013.

  • Contract, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

  • Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer.

  • See Final Act of the European Energy Charter Conference, Understandings, n.

  • Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer.

Related to Understandings

  • Undertakings as references to obligations under this Framework Agreement;

  • Agreements All vendor Purchase Orders and/or Agreements/Contracts must be emailed to TIPS at xxxxxx@xxxx-xxx.xxx. Should an agency send an order direct to vendor, it is the vendor’s responsibility to forward the order to TIPS at the email above within 24 business hours and confirm its receipt with TIPS.

  • Entire Agreement This Agreement, including the Enrollment form and/or Welcome letter and your Contract Summary, constitute the entire Agreement and understanding between you and XOOM with respect to its subject matter and superseding all prior written and oral Agreements and representations made with respect to the subject matter.

  • Warranties - means collectively any and all warranties (if any) given by the Bidder in terms of this agreement.

  • Prior Agreements has the meaning set forth in the recitals.

  • Negotiations means meeting and conferring in good faith by a local board of trustees and the authorized local education organization, or the respective designated representative of both parties for the purpose of reaching an agreement, upon matters and conditions subject to negotiations as specified in a negotiation agreement between said parties.

  • Representations means the written Representations and Warranties provided by Borrower to Silicon referred to in the Schedule.

  • Other Agreements means, collectively, (a) all existing and future agreements and instruments between, among or by Borrower (or an affiliate), on the one hand, and Lender (or an affiliate), on the other hand, and (b) any financing agreement or a material agreement that affects Borrower’s ongoing business operations.

  • Correspondence between the Company, the Union, or any member of the Union arising out of this Agreement or incidental thereto, shall pass to and from the Company, the Union and member by verifiable means.

  • Proposals has the meaning specified in Section 8.02(c).

  • Matter is a claim, a material issue or a substantial request for relief.

  • Arrangements means every arrangement or transaction that:

  • Subject means a person or group of persons against or in relation to whom a Protected Disclosure is made or evidence gathered during the course of an investigation.

  • Promises means everything that you agree to do and all the things you confirm and certify under the Mortgage.

  • Hire Agreement means every agreement between Access and the Hirer for the hire of Equipment (whether signed or not) including a Hire Docket, all of which will be deemed to include:

  • BETWEEN [[Entity: Choice(“company”, "corporation", "limited liability partnership", "limited partnership", "proprietorship firm")]], a company, duly incorporated and registered under the Companies Xxx, 0000, with its principal place of business located at [[Company Address]], (the “Company”), through its [[Authorised signatory: Name of the Person]], (the “Owner”).

  • Letter of Understanding means the written agreement signed by the School District and the Architectural Designer that describes, attaches, incorporates, or explains the Scope or Scope of Work, the Task Order, the Project Schedule or Work Schedule, the basis of the applicable Fee method, and other requirements for individual Projects assigned by the School District.

  • Written or “in writing” means handwritten in ink or any form of electronic or mechanical writing.

  • Entire Contract This Contract constitutes the entire contract and understanding between you and XOOM with respect to its subject matter and superseding all prior written and oral contracts and representations made with respect to the subject matter.

  • Contract or other written agreement means a binding agreement between an educational agency and a third-party, which includes, but is not limited to, an agreement created in electronic form and signed with an electronic or digital signature or a click-wrap agreement that is used with software licenses, downloaded, and/or online applications and transactions for educational technologies and other technologies in which a user must agree to terms and conditions prior to using the product or service.

  • Final Agreement means the agreement signed and ratified by the Parties at the end of Stage 5 of the BCTC Process.

  • Subject Matter means the Unit as finally described in the Sectional Plan, read together with the Register;

  • Concerning means relating to, referring to, describing, evidencing or constituting.

  • Other Contracts shall have the meaning set forth in Section 9.1.

  • Oral communication means any oral communication uttered by a person exhibiting an expectation that such communication is not subject to interception under circumstances justifying such expectation, but such term does not include any electronic communication;

  • Parole means the same as defined in Iowa Code section 906.1.