Q: We have a 3-year option to renew our lease at the then-"fair market value." We timely gave notice, but the landlord's figure is much higher than today's going rate. How do we solve this? - M.A.
Eminent Domain. Property owner not entitled to attorney or expert fees when city decided not to pursue environmental contamination issue as an element affecting fair market value at trial. No abuse of discretion by trial court by allowing evidence of property owner's demand amount. Evidence of post-take use and lease agreement permissible to demonstrate that property retained a market rental value post-take. Evidence of lease was not used in computation of fair market value. Property owner barred from raising on appeal trial court's non-compliance with R.C. 163.09 because not raised in court below. Trial court's error in allowing jury to determine what version of Toledo Municipal Code applied was harmless.
... concreteness." To the contrary, it deters market actors from using depreciable assets in value-dest... the option to purchase the vehicle for its fair market value (that is, $2000) after nine years; ot...
The underlying principle is that if the benefits of ownership are passed to the lessee, it's a capital lease," [Flannery] said. "If the lease term is 75 percent of the underlying asset's useful life, if the present value of the lease payments is greater than 90 percent of the asset's fair market value and there's a bargain [or low-cost] purchase option at the end, then it generally must be recorded as a capital lease. Depending on some technical particu- lars, an equipment lease may be reflected on a company's balance sheet as a so-called capital lease, in which case it's recorded as an asset, along with a corresponding liability. If the lease term is 75 percent of the underlying asset's useful life, if the present value of the lease payments is greater than 90 percent of the asset's...
Fair market value-repair costs-diminution in value-evidence needed-sufficiency of evidence-objection to failure to produce evidence-lease as determining fair market value.
Violations included the lease of medical office space below fair market value, improper loans to physicians/and payments to doctors who performed "patient services without required written agreements" as required by federal law between 2002 and 2007, [Patrick Fitzgerald]'s office said. Condell does not admit liability "and agreed to the settlement to avoid the delay, uncertainty and expense of protracted litigation," Fitzgerald's office said. Violations included the lease of medical office space below fair market value, improper loans to physicians/and payments to doctors who performed "patient services without required written agreements" as required by federal law between 2002 and 2007, Fitzgerald's office said.
...101.1Property Under Capital Leases. 102Electric Plant Purchased or Sold. 103Experimen..., (3) terminal date, (4) original cost or fair market value of property leased, (5) future minimu...
... must be vacant, and will be placed on the market for sale to the general public. (4) Within 30 days... offered the properties at the lower of the fair market value established at the time of the initia...
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