Mistakenly, I assumed that the SHRM-SCP would be the same. I didnât study as I had just taught the prep class for the PHR and SPHR. I figured if I didnât know the material, I shouldnât pass anyway! So, I registered to take the exam for free as an instructor for a SHRM Educational Partner (a local college).
Prudent landlords usually keep old leases for six or seven years. Legal obligations associated with the landlord-tenant relationship don't automatically end when the lease agreement ends.
Important Leasehold terms to know: 1  Lease Term â The length of the lease period (usually 55 years or more) 2  Lease Rent â The amount of rent paid to the Lessor for use of the land. 3  Fixed Period â The period in which the lease rent amount is fixed.  Renegotiation Date â Date after the fixed period that the lease rent is renegotiated.