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.
According to The Bank of New York, depositary for Toyotaâs ADSs, as of March 31, 2008, 121,480,634 shares of Toyotaâs common stock were held in the form of ADRs and there were 2,443 ADR holders of record in the United States.