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When Is Money Received in the Form of a Scholarship

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When is money received in the form of a scholarship included in income?


Definitions:

Leased Premises

Property rented under a lease agreement, where the lessee has the right to occupy and use the property for a specified term.

Rent Default

The failure to pay rent as stipulated in a lease agreement, potentially leading to eviction or legal action.

Eviction Proceedings

The legal process by which a landlord obtains a court order to remove a tenant from a leased property due to a violation of the lease agreement.

Abandoned Premises

Property that has been left empty or unclaimed by its owner or tenant for a period of time, typically implying neglect or the intention not to return.

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