Essays on Security Deposit

Rental Agreement and Subject Matter

I entered into a rental agreement, in which subject matter was individual apartment comprising of a bath, 2 rooms, and a kitchen.

The Parties in Contract

The parties in the contract were a renter, who is a legal person or the owner of the residential space. I was the tenant as I have received a residential permit from the renter.

Specific Contractual Details

The contractual details comprised of the name of renter who agrees to rent out the apartment of the tenant, whose name was also mentioned The amount of rent was mentioned in the contract, and the fine imposed in case of late payment of ...

Business Law

Business Law The contract that will be discussed for analysis in terms of business law is a rental or tenancy agreement initiated in Singapore by a friend who relocated with his family last November 2015. The legal definition of a real estate lease is referred to as a legal and binding contract amid the landlord and the tenant and for the contract to be binding the signing parties needs to be of legal age and competent to enter into an agreement (Kimmons, 2016). The issue that pertains to every contract law is with regards to how the contract is ...

EXECUTIVE SUMMARY

Although every year at stock taking time, we find that we have gone a considerable distance in so much as knowledge is concerned, we also invariably lose out as regards Ethics and Morality. We need to reverse this trend, which, if extrapolated beyond reason, will lead to someone like “Darth Vader” having all intergalactic missile systems fitted with thermo-nuclear warheads, under his control. Although our first reaction will be to contemplate such a scene with amusement, the metaphor is appropriate in the author’s opinion. If we do not guard our values and the values of those we love, but ...

Analyzing a Contract

A contract is a joint union between two or more voluntarily parties. In most cases, the main intention of any contract is the creation of a legal obligation among the parties involved. Contracts can also be defined as legally enforceable promises made by two or more parties (Blum, 2010). However, contract law varies from one jurisdiction to another. When a breach of contract occurs, the only remedy can include compensation of money. This paper will critically analyze the contract for rental of real estate property. In contract law, the aspect of enforceability is defined as a legal obligation that poses a need to ...