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RELETReference Letter
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(64) The landlords despaired of this campaign because it foiled their plans to relet the evicted holding to a solvent tenant or stock the farm with their own cattle.
They were not interested in co-possession but ownership, and saw free sale as a means of encouraging landlords to evict by allowing them to recoup arrears and relet the land at a higher rate.
Table 2 illustrates a typical cash flow projection that would be created by an appraiser showing operating cash flows, reversion, and [TABULAR DATA FOR TABLE 2 OMITTED] relet expenses.
In other words, does a residential landlord have an obligation to try to relet space after a tenant abandons a lease in order to minimize its damages of lost rent?
Seized properties are either sold at auction with a covenant that the home will be reused within a year, or restored and relet by the council.
These orders will represent a sizable addition to the US flag tanker fleet over the next three to four years, which will help increase the liquidity in both the spot and relet markets", Poten said in its report.
Mr Kearns said: "We were able to split the lease and relet the ground level to Le Bistrot Pierre.
Rates are so high that "the most profitable area right now for a Jones Act tanker owner is to relet it out and ship gasoline to Florida by barge," says Donald Bogden, director of research at Stamford, Connecticut-based shipbroker MJLF.
I got the lease for the second floor back in June last year and it was relet straight away.
"Hopefully, we are closer to getting control so we can relet it to those retailers we are in negotiations with."
"I would be a little cautious six months down the road as some relet or sublet space comes on line," says Noland.