Short Term Lease Agreement Florida: Fill & Download for Free

In theory at least the minimum value of an NHL team is the price of an expansion franchise. The Seattle group which acquired the most recent expansion franchise paid $650 million, so in theory every NHL team is worth a minimum of $650 million. Of course theory isn’t always based on economic fact.According to Forbes Magazine’s franchise rankings for 2019, the three least valuable NHL teams are:Columbus Blue Jackets - Current Value $325 million, Debt/Value 23%, Revenue $119 million, Operating Income –$13 millionFlorida Panthers - Current Value $310 million, Debt/Value 37%, Revenue $105 million, Operating Income –$21 millionArizona Coyotes - Current Value $300 million, Debt/Value 100%, Revenue $102 million, Operating Income –$15 millionThe Business Of HockeyThe Forbes list has some problems in my view. It tends to undervalue Canadian teams, probably due to the value of the Canadian Dollar. Still, it’s hard to believe that the Carolina Hurricanes are more valuable than either the Ottawa Senators or the Winnipeg Jets. Older teams have a greater value than newer teams. All of the “Original Six” teams are in the top 10, and the highest valued new team, at 13th, is the newest team, the Vegas Golden Knights.Still, it’s hard to argue that the bottom two teams are not the least valuable teams in the league, if only through the evidence of ones own eyes. Since new ownership took over in Florida attendance at Panthers games has improved, but just about anything would be an improvement over the past few years when, at one point, under 8,000 people attended a game.As for Arizona, they seem to have been cursed since moving from Winnipeg in 1996. The team has has six different owners as well as having been run by the NHL. Their original arena - America West Arena - was probably one of the worst places ever to watch a hockey game. The team then moved to Glendale which is away from the more populous part of the Phoenix metroplex, and their dealings with the City of Glendale have been less than amicable. In 2013, after lengthy negotiations, the team was on the verge of moving to Seattle before a last minute vote by the Glendale City Council set up a fifteen year lease agreement for the arena. Two years later the City of Glendale pulled out of the agreement. An attempt to partner with Arizona State University to build a new arena in Tempe Arizona fell through, and the team seems to be operating on short term lease agreements with Glendale. And oh yes, attendance isn’t that great.

You could, up to the point that one of your tenants took you to court. When you have them sign a lease document, it is standard to have that document notarized. It would be difficult to “prove” they intended to sign a lease, or even that it was them that did it. Tenant law is quite a bit different from the short term visitor relationship of AirBnB. Remember, even if you have a signed lease, and they don’t pay the rent, it can be very difficult to evict a tenant.(I am not a lawyer, but played on on TV. Don’t take anything I say at face value.)

If there was a monetary judgement awarded the landlord and or you were liened for the balance due on your lease, 7 years effectively. While typically the eviction itself is not recorded on your credit report, the delinquency for paying is often reported, especially by management companies. After working for a rather large property management company in Florida for a fairly short period of time, it was common S.O.P. to pull credit reports, background checks, call private landlords for your payment history and or reason the lease was terminated. Hence, if we served evictions resulting in actual eviction, the tenant vacates the property & stops paying the rent, then the eviction was filed with the credit bureaus for non payment of the remaining months’ rent due. Effectively, a long term lease agreement is a non-interest bearing promissory note paid off in monthly installments called “rent”. *(“Non-interest bearing does not necessarily mean that the deposits or fees aren't held in non-interest bearing escrow accounts, which is a totally different matter altogether).Ergo, eviction, typically indicates the tenant is also in default (of the terms of the promissory note) for non payment of the balance due of the remaining months’ rent.i.e. The lease is for January 1st thru December 31st. The rent is $1000/month, equaling a Promise to Pay a total of $12,000 by the end of the lease term, December 31st. The $12,000 is broken down into $1,000/month payments required due on “X" day of the month. Hypothetically, the tenant is evicted for cause & the lease is terminated in August, resulting in a total of $4,000 still due the landlord for the months remaining, September thru December 31st. Hence, the landlord's legal right to report it to the credit bureaus and or file a lien against the tenant for the balance of $4,000 he's owed per the lease/note, with the Court. Further, the landlord may continue to attempt to collect from the tenant and the lien or derogatory will survive 7 years on a credit report, unless disputed with evidence to the contrary.My apologies for being pedantic on this point, but I believe it may help many better understand “why” a tenant owes money for the rest of the lease term even though they were evicted.