property lease will list the obligations of the shareholder with regard to repairs and maintenance.
Anyone who holds one or more units in a unit trust is referred as a shareholder. The firm is primarily owned by its shareholders, who also have specific obligations and duties.
The property lease will tell the shareholder what amount of money is being paid by the company on the basis of repairs, maintenance, and even depreciation. This lease makes the shareholder aware of the charges that are being made by the company and is considered as an expense.
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