You represent a three year old company and due to its weak, Ask an Expert

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You represent a three year old company and due to its weak financial position the landlord is requiring a security deposit equal to 6 months rent for a lease term of 3 years or 12 months rent for term of 7 years. Under either scenario the security deposit will be held for the term of the lease. The proposed rent will be $48,000.00 payable monthly and increasing in year 4 to $56,000.00 per year. The tenant does not want to have its money tied up for such a long period of time. Draft 3 alternatives the tenant may propose to the landlord for handling the security deposit and be sure to explain why each scenario is good for both the tenant and the landlord.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92475341

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