Examlex
If the total of the Income Statement Credit column,before determining net income or net loss,exceeds the total of the Income Statement Debit column,the result is a net loss for the year.
Livable Condition
Livable condition refers to a state of housing or accommodation that meets basic living standards and conditions for safety, health, and comfort.
State Statutes
Laws established by a state's legislative body that govern matters within the state's jurisdiction.
Nonpayment of Rent
The failure to fulfill the obligation of paying rent as stipulated in a rental agreement or lease.
Periodic Leasehold
A lease agreement that automatically renews for successive periods until either party terminates the tenancy, often seen in month-to-month tenancies.
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