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If the consumer price index (CPI)rises over a year from 220 to 230,then the inflation rate is 10 percent.
Lease Assignment
The transfer of lease rights and obligations from the original tenant to another party.
Renewal Term
The period for which a contract or agreement, such as a lease or license, is extended beyond its original term.
Unpaid Rent
The amount of money that a tenant owes to a landlord for occupying property or space that has not been paid by the due date.
Surrender Agreement
A legal document outlining the terms under which one party agrees to surrender rights, property, or interest to another party.
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