SEC no-action letter clarifies acceptable rental management representations for resort projects

Article Abstract:

The issue of the application of securities law to the sale of condominium units is discussed. A no-action letter issued by the Securities and Exchange Commission for the sale of resort condominium units along with rental agreements is reviewed.

United States. Securities and Exchange Commission, Condominiums

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Letter of credit and tenant bankruptcies: drafting tips for landlord's counsel

Article Abstract:

Important factors that landlord's counsels must incorporate in lease contracts relating to letter of credit and tenant's bankruptcy are discussed. Relevant cases and legal provisions are also discussed.

Landlord and tenant, Landlord-tenant relations, Legal documents

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Synthetic or 'true' leases: business as usual

Article Abstract:

The benefits and purposes of using synthetic leases are explored in light of the impact of newly established accounting rules issued by the Financial Accounting Standards Board.

Analysis, Financial Accounting Standards Board

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