Cut TIN in the Lease Renewal

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How to Cut TIN in the Lease Renewal

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everyone knows that the residential real estate market has been on fire inventory is at an all-time low due to multiple offers made as soon as a house is listed but what about the commercial real estate market whats the landscape for that well if youre like many of the business owners that ive spoken to recently you may be evaluating the commercial lease that youre currently under for a variety of reasons perhaps youre looking to relocate perhaps youre looking to downsize or maybe you just want to see if its possible to terminate your commercial lease altogether well i hate to give you the lawyerly answer again but it always depends and its best to have an attorney review your lease agreement to see what options you may have but this video is going to talk about some common clauses that you should look for in your commercial lease to see if its possible to end early so lets get started the right lawyer makes the difference afj law group im attorney alexis johnson of afj law

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How can you tell if paint is lead without a kit?

As a rule of thumb, if your home was built before 1978 you should assume that lead paint was used.Signs of damaged paint (lead paint hazards) include: Peeling. Chipping. Chalking. Cracking. Dampness. Bubbling. Teeth marks.

Does peeling paint mean lead?

Deteriorating lead-based paint (peeling, chipping, chalking, cracking, damaged, or damp) is a hazard and needs immediate attention. Lead-based paint may also be a hazard when found on surfaces that children can chew or that get a lot of wear-and-tear, such as: Windows and window sills; Doors and door frames; and.

Is peeling paint a safety hazard?

The paint may be on the inside or outside of the building. Chipping or peeling paint is a danger. It is important to protect children and pregnant women from coming into contact with peeling paint and dust.

What does peeling paint indicate?

The reasons for peeling paint can vary widely. Painting over dirty walls, excess moisture, improper prep, and using latex paint on top of oil paint can all affect the paints adhesion and cause it to eventually begin flaking off.

Why can peeling paint be a health hazard for children?

If paint is peeling or damaged, lead paint chips and dust can spread around the home. Young children can swallow lead dust when they put their hands and toys in their mouths. Even small amounts of lead dust can be dangerous.

How can you tell if old paint has lead in it?

One of the telltale signs of lead in paint is alligatoring, which looks like reptilian scales when the layer starts to crack and wrinkle. If paint creates a chalky residue when it rubs off, it could also contain lead. It can be tough to spot chalkiness if the original paint has new layers on top of it.

Is peeling paint a health hazard?

Chipping, peeling or chalking lead paint is a common source of lead dust and may be a hazard. Lead-based paint may also be found on older toys, furniture and playground equipment. Lead dust is the main cause of lead poisoning in children.

What is local law 31 requirements?

Effective August 9, 2020, Local Law 31 of 2020 states that an owner must use an Environmental Protection Agency (EPA) certified inspector or risk assessor, independent of the owner or any firm hired to perform lead-based paint remediation, to test for the presence of lead-based paint in a dwelling unit of a building

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