Property Management Agreement- Lease Only (Pdf: Fill & Download for Free

It is possible to get new gas connection in Bangalore without bribe. Applying for new gas connection is easier than you think.Gone those days of bribing for new gas connection. Now one can obtain the new LPG connection easily without bribe and comfort of home. Thanks to technology and stringent government regulation on distributors.3 Major LPG suppliers in Bangalore are,IndaneHPBharatApply new LPG connection Online or offline. Let me start with the online procedure and to Offline procedure.Online application:Step 1: Open the indane website https://cx.indianoil.in/webcenter/portal/CustomerStep 2: Register with your details. To locate the registration, refer to the below image in the circleStep 3: Just the following details are needed to registerFirst NameLast NameMobile NumberRefer to the below imageEnter OTP and set the password.You will be directed to home page for loginStep 4: After login, On the home page, click LPG. Refer to the below image in the circle.Just scroll down a bit and find “Apply for new connection”. Refer to the below image for your reference.Click on “Submit KYC”Provide your following information in KYC form,NameGenderMarital statusDate of birthNationalityFather or spouse detailsAddress in BangaloreSelect the distributor from the list (List of nearby distributors popup automatically based on the address you provide)Email id and mobile numberClick on “select the products”. Refer to the below image in the circle.Here you have 3 options to choose from,General (click this if you wish to opt for LPG subsidiary)Non-subsidized (Click this if you wish to opt-out of the subsidiary)PNG - Non Subsidized (This is applicable for piped gas for apartments, which is not subsidized. This not applicable to individuals)Hence I click general because I want my subsidiary credit to my bank account.Select “14.2Kg general package with PR” and click submit.Beloe image for your reference.Click the button “ SAVE & CONTINUE”. Below image for your reference.Step 5: Upload anyone's Proof of Identity (POI). This could be Aadhar/ Driving license/ PAN/ Voter ID/ passport. The proof of identity address could be anyplace in India. Address in the identity is not necessarily to be Bangalore address.Enter the Proof of Identity number and upload the proof in JPEG or PDF format. Maximum file size allowed is 512kb.Upload “Proof of Address” (POA). This could be Aadhar/ Driving License/ Rental agreement/ Lease agreement/ Water Bill/ Electricity Bill/ Voter ID/ Passport/ Ration card / Sale deed. The Proof of address (POA) should be a local address. (The address of Bangalore)(For local address proof, opting for rental agreement is the cost-efficient option for immigrant. We provide rental agreement service including notary, to opt for our service, please Whatsapp to us 9 7 4 2 4 7 9 0 2 0. Our service includes home delivery)Enter the proof of Address Number and upload the proof in JPEG or PDF format. Maximum file size allowed is 512kb.Below screenshot for your referenceClick the button “SAVE & CONTINUE”Step 6: Select “Yes” if you wish to opt-out subsidiary or select “No”.If you select “No”, Provide your aadhar or bank details. If you provide Aadhar details, you will get subsidiary only if you link your aadhar number with bank. If your Aadhar is not linked with bank or if you don't have aadhar. just provide your bank details and upload the image of cancelled cheque.Below image for your reference.Upload your passport size photoIf your income is more than Rs. 10 Lakh per year, you should provide your PAN details or just skip this step and click on “SAVE & CONTINUE”. Below image for your reference.Step 7: On the last page of KYC, go through the declaration terms & conditions. Accept declaration and click the “SUBMIT” Below image for your reference.This completes the KYC Submission.Step 8: You should receive acknowledgment SMS and email. Below acknowledgment image for your reference,Local LPG distributor will call you if any missing details within 7 working days. Distributor will arrange an executive to your place or you will be called to distributor office to complete the payment and Receive LPG Consumer Number.One can choose up to 2 LPG cylinder, Make the payment based on the tariff quoted by a distributor.As of 10th Dec 2020, LPG application for 1 cylinder is Rs. 2,800/- and Rs. 4,600/- with stove2 cylinder is Rs. 4,800/- and Rs.6,600/- with stoveCollect LPG ID (Consumer number) from a distributor. LPG Consumer sheet looks like below image, which contains the details of consumer number.Step 9: Within 2 working days, cylinder will be delivered at your doorstepStep 10: Once the existing cylinder exhaust, order LPG cylinder on Gpay, Phone pe, Paytm, Indane app, Indane website, or telephone order +91-8970084365 from the comfort of home.LPG cylinder delivered within 2 working days from the date of order.Below is the step by step procedure of offline application.Step 1: Find the LPG distributor near you. A simple google search provides the list of distributors near you with reviews or check with neighbors, apartment society office, security, or colleague.Step 2: Carry the following documents to local distributor centerPhotocopy of identity proof - Aadhar/ Driving license/ PassportPhotocopy of Address proof - A rental agreement2 Passport size photoCarry the original documents for cross-verificationIn the offline mode of application, distributor fills the KYC details directly in they computer. you just want to submit the proofs.Step 3: Submit the above-said documents to distributor and complete the payment. Get the acknowledgment receipt for payment and LPG consumer number. (At some centers, distributors may take up to 2 days to issue LPG consumer number)Step 4: Within 2 working days, cylinder will be delivered at your doorstepStep 5: Once the existing cylinder exhaust, order LPG cylinder on Gpay, Phone pe, Paytm, Indane app, Indane website, or telephone order +91-8970084365 from the comfort of home.This completes the procedure for applying new LPG connection in Bangalore.The same procedure applies across all LPG brands of HP and Bharat.We provide rental agreement service in Bangalore. Our service includes drafting + execution + notary + home delivered in 2 working days. Same day express delivery available. To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0.Thank you for reading and have a great day…

A disclaimer: I have no actual inside knowledge of Solar City operations, only information from their public reports and other readily available sources.In a sentence, Solar City is a finance company, specialized in vertically integrated solar equipment leasing and leverages their credit exposure using the tax equity, bond, asset securitization, and public markets.UPDATED March 25: The gigafactory announcement confirms that Solar City and Tesla is moving forward on mass production residential size "utility in a box" lithium battery systems utility scale batteries.Gigafactory Teaser: ts.pngGigafactory Info: ts2.pdfThis fact, told to us a full 3 years before scale is planned to be achieved, ensures that Solar City will be the dominant distributed utility, at least in the US residential sector, by far the most profitable because electricity rates are highest at the residential level. They currently do not hold a dominant share the commercial solar installation market, but this may change over the next 3 years as businesses combien their Solar Systems with leased batteries in order to lower demand charges, which consist of a large portion of a commercial scale utility agreement.In fact, they already offer a battery lease system for large commercial entities. It was introduced in January. Watch the required size shrink to 1kw modules for average joe.DemandLogic: SolarCity DemandLogicThey are unique in the industry. Many other firms participate in the same type of value generation, but they are not pure plays on the business model Solar City specializes in. Let me explain my single sentence answer piece by piece.Solar City uses debt and equity financing to purchase finished Solar Modules. They have a starting portion of equity capital directly from investors, originally seeded by Elon Musk. I will explore the different capital markets they tap for funding in later sections.Best of all, the stock has recently pulled back. For those interested in participating in the future. Solar City has a 100B global market to break into (residential electricity), just like Tesla. And it's just as likely. But they'll definitely raise more money in the short-medium term. At a much higher price then 60/share.Solar City specializes in consumer electricity sales, solar project development, solar equipment installation, maintenance, monitoring and customer relations.The actual product supplied to customers by Solar City is electricity. They enter into long (several options, but 10-20 year duration) agreements in which Solar City provides electricity to the customer at a negotiated price, generally lower than local utility offerings, and the customer allows the installation of solar panels on their roof. No immediate payment is made, the solar assets are not sold, so they remain on Solar Cities balance sheet as a leased asset. And boy, Solar city has a lot of leased solar assets on its balance sheet compared to its physical assets and is adding more at an increasing rate.Their core assets, value of agreements, customers, scale of investment operation operationsNote that they invest x10 more than their entire net property and equipment in Solar Energy systems every quarter.Most of these investments are entirely financed, either with tax equity (selling ITC credits) or borrowing directly from investors. (The graph is refusing to come out symmetrical). Their rate of contract growth is also increasing rapidly. In Millions, USD.A sense of important customer metrics and recognized revenue. This graph best explains why the classic Price/Sales metric is absolutely worthless when valuing Solar City in its early (>20) years.This shows that the average total payment volume per customer contract has stayed fairly steady around 25,000. Over 20 years, ignoring the discounted value of future payments, this would be a utility bill of only 9$/month. (this is an extreme lower bond estimate, the average contract life is likely closer to 10yrs, plus some contracts have linked to inflation price increases) Obviously, most Solar City customers do not agree to replace their entire utility consumption, but they may choose to in the future. This became a real option, although it is expensive as it is in the earliest of stages, for anyone, anyone, regardless of net metering policy, as of just today. See the announcement Below.SolarCity to Use Batteries From Tesla for Energy StorageSolar City remains liable for the electricity generation of these assets, which means they must maintain the installed Solar Panels through the life of the contract. No generation, no customer payments. The contract does obligate the customer to buy generation, they cannot just 'back out' when they don't use electricity. No customer payments, solar city can shut the juice off, just like an electric utility. Solar City also retains ownership at the end of the contract or if the owner moves, so any maintenance work done over the life of the contract will benefit the company's future assets as well. However, many contracts have built in extension options in later years to increase the length of the original agreement.This may seem crazy to some, possibly most. Outwardly, buying and leasing a new technology is a risky move. It definitely would not have worked with plasma TVs or Cellphones in the 1980s. After all, if the Solar Industry is truly successful, won't any panels that Solar City installs today be essentially worthless in 20 years? No, they will still be producing power in a location that uses power, in the required quanities. Maybe they won't be worth much in the resale market, but the saying goes location location location. You can think of this in 2 ways.First, a Solar City does not just own a panel on a customer's roof, it has a contractual arrangement to sell power to the customer based on the CUSTOMERS demand, not the possible max output. So even if Panel efficiencies went to 30% (near physical max), older solar city systems would still be producing the correct amount of power for its host (place whose roof its on) location. At competitor who approached customers offering to install higher efficiency systems at a lower cost would be turned away simply because they already have systems that suit the houses needs.Second, since Solar City is not locked into any single panel manufacturer, they could adapt quickly to any improvements in PV technology. The benefits gained on all new installations, maintenance upgrades on old installations, and growth in demand work would far outweigh the impairment to the value of Solar Cities existing asset base, especially considering their asset base is currently leased on a long term basis.What most people realize, but don't really appreciate, is that the price of finished PV panels has fallen dramatically.Let's start with a graph of Solar City's reported cost per watt of a full installation. This comes from the California open data installation program. Covers the entire lifetime of Solar City up to November 2013. Although this is only for California installations, It is safe to say that they have similar costs elsewhere.But this graph cover's the reduced price of INSTALLED finished solar. The price of raw panels has fallen even further, mainly due surplus Chinese production capacity.Recently, Solar City has been sourcing their Panels mainly from two Asian manufacturers. Here is the last 12 months of Solar City's leased Panel installation assistance, in California, by PV manufacturer, the top 5.As you can see, at least in California, over 80% of Solar Cities panels were supplied by just two firms in the last 11 out of 12 months. This is the only very significant risk, in my opinion.Last 12 month market share for leased panels, investment vs installed, % of SCTY installations retained as an investment.Reported Costs compared to competitorsOn a Grand Scale. It's incredible that humanity has achieved this as quickly as we have. Although the graph does not scale logarithmically, like Intel's stats did through the 1970s to present, it is damn impressive. We did this in less than 50 years, much less than a human lifetime.We may still have a chance at becoming a sustainable civilization, at least on a geological timescale. (Musk's other company, SpaceX, is working on the cosmigical timescale front)To put the most recent years in kW scale and Entire System Costs (Solar Module)Sorry this Data only goes to the end of 2011. Prices have fallen significantly more in the last 2 ensuing years. I have found data for polysilicion, the main raw ingredient for commercial solar cells.If the only cost of generating electricity from the panels was the manufactured cost, Solar would be producing unsubsidized at significantly under .10/kWh, closer to .05. However, the cost of installation, financing, marketing and maintenance now make up a MAJORITY of a fully functional price of a residential PV system.These business activities are what Solar Cities operations are leveraged to. They have fully integrated the supply chain EXCEPT for panel production. This has given them, by far, the lowest fully installed cost per kW. Solar City still sells electricity at the local utility rate, even though it is now cheaper than the utility rate to produce.To be clear, they Financials show they have the lowest costs per kW (2.37/kW as new systems in Q3 2013, .87 on OpEX, an unknown amount allocated to system cost, although $1.50/full cost of the system seems very likely. It's nice when #s just come out like that, makes one think that they reached the actual contracted price), their prices remain on par with competitor installers because they charge at just below the local utilities price. Everyone does. Because they can, and will be able to until every fossil fuel station is shut down. Solar City has some time before they face price competition on that front.As for the rest of the solar industry, the more price competition the better, because it inevitably lowers the cost of panels for Solar City. With long contract lock ins and the media personality of Elon Musk, Solar City will gain from their already large 26% share of US residential PV installations.The ITC 2 year Goldrush:What most people do not realize is that the ITC, the 30% investment subsidy that all Solar Panel OWNERS receive, is not calculated off of the cost of the solar installation, rather, the fair market price of the solar installation. Until very recently, Solar City calculated the fair market value as the cost (considering the panel and installation labor) of PV systems, now, since their costs have fallen so significantly, fair market value is calculated as the discounted present value of electricity sales made possible from the PV system generation. Essentially, even though Solar City is barely profitable now, every project done before the ITC expires in 2016 will be massively profitable [minimum 30% margin] for the lifetime of the contract (20 years). And as they gain the benefits of scale during the next 2 ITC years, they will likely go from barely competitively profitable with utility rates to extremely profitable.Everyone is doing this. 2 years of guaranteed profits attract a lot of institutions. US Solar PV Pipeline Grows To 43 GWThe Bond Market:For each solar energy system installed, leased, and monitored, Solar Cities holds a customer contract promising a stream of payments in the future.These contracts are very long term lease of a physical asset producing something needed by EVERYONE CONSTANTLY. Historically, electricity bills are paid before auto, credit, cell phone, and even mortgage loans. This makes the contracted customer payments considered 'safe'.Recently, Solar City has started to tap the bond market by selling these future payments, with the systems acting as collateral, as asset-backed securities. In their first security issuance, they managed to secure a 4.8% interest rate, half of what they previously were paying in the tax equity market. They plan to issue up to 250 million per quarter using asset backed securities in 2014.The Tax Equity Mark:Solar City historically tapped the tax equity market to raise additional equity capital. Because Solar City invests their capital in assets which benefited from the accelerated depreciation recognition, it receives tax benefits. While a company that buys its own solar system might be able to use tax incentives efficiently, Solar City has no other business which could directly apply the benefits.Many businesses that invest in solar systems do not have a significant tax liability. While an individual company that buys its own solar system might be able to use tax incentives efficiently, no business we know of that specializes in installation or financing of solar systems for others has enough tax liability to be able to use all the federal tax benefits themselves.As a result, these businesses often seek tax-equity investors—investors who can use the tax benefits—as partners. The arrangements used are complex and the number of parties that have been willing to invest in tax equity has been limited, however, so both the administrative costs (in terms of legal and accounting fees) and financing cost (in terms of rate of return required by tax equity investors) are high. As of this writing tax equity investors require 9-9.5% for unleveraged projects. This is the after-tax return to the tax equity investor, net of its tax benefits. The cash return to the tax investor and the cost of capital as seen by the developer are lower.Solar City has Tax Equity arrangements with Goldman Sachs, Google, and Bank of America, plus many more.I can't resist adding these last two charts, even though they do not DIRECTLY relate to the question being asked, but are actually either being driven directly by solar city or demonstrate solar cities international potential.The U.S PV markets:(Solar City: 26% market share in residential and rising, unsure for other segments. But residential driving the overall growth anyway.)Global PV.Solar City is literally about to start their international expansion. The US is a tiny tiny portion of the market. We are the tiny little purple sliver, slightly more now that it is 2013, but the EU is still dominating in terms of installed capacity. Electricity is quite cheap in the US. The Sun shines everywhere, everyday, in a predictable amount.I expect big things from Solar City over the next 2 years, surpassing the scale of many utilities and primarily installing completely off the grid systems for ALL new customers.No one is really talking about this, because no one really believes it is possible. But physically, it is possible, in terms of sunshine, raw materials availability, technology, and current proven scale. Economically, it has just become possible. Barely breakeven, possible losses due to excess maintenance requirements, but still reasonably competitive with fossil fuels.People do not believe this. MANY compare the price of solar to the price of natural gas burned in the plant, ignoring the inherent expensive of building, maintaining and operating a large central utility grid. A significant amount of the price of RETAIL electricity is due to distribution costs and transmission loses, not just generation fuel input costs. Solar is point of the source energy generator. In principal, no central grid needed. In practice, a much smaller central grid will be needed. I cannot understand why this is almost always overlooked.Solar City literally just went from a negative retained value without subsidies to positive retained value regardless of subsidies LAST QUARTER.5g retained value / contract. Growing at 10k+ contracts / quarter.A fact which, when one does the calculations, is surprisingly systematical. I cannot explain this past confidence, or maybe specifically negotiated prices by Solar City. I've confirmed this is correct.Because the ITC lasts 2 years, they will make BOATLOADS over the next 8 quarters. My high estimate is 5 Billion Investment, 3,500mW, end 2016 (end of 30% ITC, reverts to 10%). Retained value of 7 Billion, plus the equity value of their unsubsidized business, which will be huge, as long as it is remains at least break even on new installations.And finally, although not strictly relevant to the question, my technical chart for those who actually want to buy the stock. It just hit the 78.13 target this morning and promptly pulled back. Should retest trend line now.

Non-owner resident such as tenants and lessees have a legal relationship with the landlord (parcel owner) based on the contract entered. This can be in a form of a written agreement such as a lease or a tenancy agreement. It can also be by way of a tenant-holding-over status i.e. a month-to-month basis tenancy upon expiry of fixed term tenancy, or perhaps based on the application of implied term for tenancy or lease which can be inferred from the common law as well as from sections 229 to 233 of the National Land Code 1965.Further to the tenancy agreement, the law prescribes an automatic applicability of the statutory By-Laws found at the Third Schedule of the Strata Management (Maintenance Management) Regulations 2015. This is to say that the governing strata body i.e. the Developer, Joint Management Body (JMB), the Management Corporation (MC), or subsidiary MC can impose similar rules and restrictions on the tenants and any non-owner resident as they can on the parcel owner. Rule 1 of the statutory By-laws states as follows:-1. Application(1) The by-laws set out in this Third Schedule and any additional by-laws made under the Strata Management Act 2013 (“the Act”) shall bind the developer, the joint management body, the management corporation or the subsidiary management corporation, as the case may be, and the purchaser, parcel owners or proprietors, and any chargee or assignee, lessee, tenant or occupier of a parcel to the same extent as if the by-laws or the additional by-laws have been signed or sealed by each of the person or body mentioned above and contain mutual covenants to observe, comply and perform all the provisions of the by-laws or additional by-laws.It is to be noted that provisions within existing Deed of Mutual Covenant or House Rules which are contradictory to the statutory By-Laws and SMA2013 would be inapplicable by virtue of sections 70, 148 & 149 of the Strata Management Act 2013 (SMA2013).(Note: The relevant Act and Regulations are available at most bookstores in Malaysia. PDF versions are available at Federal Government Gazette .)Nevertheless, the position of tenants, lessees and non-owner occupiers are restricted vis-à-vis their rights against parcel owner, developer, JMB, MC, subsidiary MC, and even against the Commissioner of Building (COB) i.e local authorities. It seems that they are at the receiving end of the bargain. Common scenario includes when a parcel owner refuses to do repairs which they claim are MC’s responsibility, whereas the MC refuses to deal with the tenant as they are not part of the MC. On the other hand, the MC claims legal privity with tenant and non-owner occupiers when they want to take them to task for breaking any house rules or by-laws.In the overall governance of MC, the participation of any tenant and any non-owner occupier are restricted to the attendance of the general meeting if the parcel owner agrees to allow them to attend and vote as a proxy. Nevertheless, pursuant to Regulation 2(7)(c) of the statutory Constitution of the Management Corporation as per Schedule 2 of the SMA2013, a proxy is not eligible for election. They can only vote during each agenda that requires a vote, and cannot file their own motion or run for any post within the Management Committee during the AGM of such MC.As to their right to participate in the alternative dispute resolution process under SMA2013, according to Regulations 56 & 67 of the Strata Management (Maintenance Management) Regulation 2015, only purchaser, parcel owner or proprietor can make a complaint pertaining to inter-floor leakages and party-wall damage. This is a cost-effective procedure wherein the COB would decide on the responsibility of repairs. As tenants and lessees are impliedly excluded from the process, they may have to rely on the covenant of repairs within their tenancy agreement or the implied conditions under common law or the National Land Code in order to compel the parcel owner to conduct such repairs and/or take the necessary steps to resolve such leakages and/or damage. If necessary, this would entail an action for specific performance by way of a normal litigation at the Civil Courts. This can an expensive and protracted legal process which would be far from cost beneficial.Their right to bring the matter to the Strata Management Tribunal is limited as section 107 of the SMA2013 only hear claims by (a) developer, (b) purchaser, (c) proprietor, (d) joint management body, (e) management corporation, (f) subsidiary management corporation, (g) managing agent, and (h) any other interested person, with leave of the Tribunal. This would exclude tenants and lessees unless special permission is granted by the Tribunal.According to the Fourth Schedule of the SMA2013, the Strata Management Tribunal has the jurisdiction to hear the following matters:-1) dispute pertaining exercise or failure to exercise a function, duty or power conferred by the Act or subsidiary legislation;2) dispute pertaining cost of repairs in respect of defect in a parcel, building or land intended for subdivision into parcels and its common property;3) a claim for recovery or maintenance charges, contribution and sinking fund;4) a claim for an order to convene a general meeting;5) a claim to invalidate proceedings of meeting;6) a claim for an order to nullify a resolution where voting rights has been denied or where due notice has not been given;7) a claim for an order to nullify a resolution passed at a general meeting;8) a claim for an order to revoke amendment of by-laws having regard to the interests of all the parcel owners or proprietors;9) a claim to vary the rate of interest fixed by the JMB, MC or subsidiary MC for late payment Charges, or contribution to the sinking fund;10) a claim for an order to vary the amount of insurance to be provided;11) a claim for an order to pursue an insurance claim;12) a claim for compelling a developer, JMB, MC, or subsidiary MC to supply information or documents;13) a claim for an order to give consent to effect alterations to any common property or limited common property;14) a claim for an order to affirm, vary or revoke the Commissioner of Building’s decision.The procedures and forms pertaining to the Tribunal can be found in the Strata Management (Strata Management Tribunal) Regulations 2015. As it covers a wide ranging jurisdiction which may affect tenant’s rights, it would be cost beneficial for tenants to submit to the jurisdiction of the Tribunal in lieu of the expensive and protracted mode at the Civil Courts. Nevertheless, the first hurdle would be to show special circumstances to the Tribunal under section 107(h) of SMA2013 in order to obtain the required permission.In order to do so, the tenant must file for an interlocutory order pursuant to Regulations 32 to 35 of the Strata Management (Strata Management Tribunal) Regulations 2015. This can be done by filing Form 14 with supporting facts and evidence to allow the exercise of the Tribunal’s discretion to grant the required permission. Such evidence may include a copy of the lease or tenancy, the explanation as to the jurisprudence behind such participation in that the long term tenant is better informed than that of the non-occupying and/or absent parcel owner. It may also be argued that statistically perhaps the majority of the people occupying the strata building are tenants, and that it is unfair to disallow the majority from having a meaningful say in issues that affect them on a daily basis. The application would be dealt on a case-to-case basis and there is no hard and fast rule to invoke such permission. Once permission is granted, the tenant has to file Form 15 of the Strata Management (Strata Management Tribunal) Regulations 2015. Once that is done, they are free to proceed with the Tribunal action against the necessary respondent. Further information can be obtained from the Tribunal’s website at Portal Rasmi Kementerian Perumahan dan Kerajaan TempatanTherefore, generally, non-owners of strata development are bound by the same laws as parcel owners. Nevertheless, they do not have the same right to make decisions and/or influence the developer, JMB, MC, or subsidiary MC. Their right to participate in the specialized and cost-effective Tribunal is dependent upon their ability to obtain the required permission from the Tribunal’s Secretary under section 107(h) of the SMA2013.Sources:National Land Code 1965.Strata Management Act 2013.Strata Management (Maintenance Management) Regulations 2015.Strata Management (Strata Management Tribunal) Regulations 2015.