Examlex
An external analysis will identify the threats to a company's well-being, but not opportunities for success.
Previous Tenant
An individual or entity that occupied a property or space prior to the current occupant.
Rent Payments
The amount of money paid periodically by a tenant to a landlord in exchange for the use of land or property.
Breaching The Lease Agreement
Breaching the lease agreement refers to failing to comply with the terms laid out in a lease contract, which can lead to legal consequences and penalties.
Promissory Breach
Occurs when a party indicates by their actions, or explicitly states, that they will not fulfill their obligations under a contract.
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