Tenants may also want to extend the lease. In either case, a lease extension letter should be written to formally request an extension on the lease. The landlord may use this letter to raise the rent or add new terms to the lease, and the tenant may use the letter to request repairs or other considerations.
Although few depositors realize it, legally the bank owns the depositorâs funds as soon as they are put in the bank. Our money becomes the bankâs, and we become unsecured creditors holding IOUs or promises to pay.
Pittsburgh Steelers ownership at a glance. Source of wealth: Dan Rooney inherited the team along with his four brothers from their father, Steelers founder Art Rooney. Art Rooney, the patriarch of the family, made his money in gaming and horse tracks. Art Rooney II, who has served as Steelers president since 2003, is Dan Rooney's son.