Be prepared to move away from a potential transaction if a delay in possession can link you. In the end, it could cost you a lot more in dollars and worse if you take the risk and commit to a property that might not be delivered on time. I have two questions, I hope you re experts can answer for me. First, this late property item is a reduction in the seller`s amount, I assume that this ”rent” was paid at the close. But who got paid? I do not see the corresponding amount on the buyer`s side. Second, if buyers collect or credit this rent, does anyone know if it is taxable rental income? B. If the lessor does not meet in time the conditions for the delivery of the holding of the poor premises on the date or before the delivery date set out in the delivery notice, the tenant bears significant additional costs and costs, including, but not limited, to the storage costs of the tenant`s personal property, to the loss of value affecting the inventory , at the cost associated with staff during this period of delay. , additional advertising and advertising costs and other store opening opportunities, as well as delays in expansion plans in related markets. The landlord and tenant agree that the tenant certainly has to deal with such extra costs and charges, but that it would not be feasible or extremely difficult to determine the actual amount. Therefore, landlords and tenants accept that a reasonable estimate of these additional costs and expenses is five thousand dollars ($5,000.00) multiplied by the number of delivery days, starting with the delivery date in the delivery announcement and the date on which the landlord actually delivers the denied premises to the tenant, or the date on which the tenant announces that rent based on the previous date.

This amount must be paid by the lessor to the tenant as an agreed liquidation damage (and not as a fine) and the tenant is entitled to compensate for the damages liquidated with any sums due in the future and due to the lessor, increased interest at the interest rate, among other things against future payments of the minimum rent, and the percentage rent is due until the tenants reward the total damage.