It's well-established law. The legal obligation is no doubt serious, but in a situation like the current market, where vacancy rates hover near 1%, the problem of locating a suitable assignee is not nearly so burdensome as it sounds. And the rule generally applicable to the situation is that the landlord "may refuse to allow an assignation or sublease," but "not unreasonably." This means the landlord only has a veto right--for good cause--over the tenant's choice. It doesn't mean the landlord gets _his_ choice. The reason for this law is because the vacating tenant will ultimately still bear some legal responsibility through the term of the lease, so he should have the right to determine with whom he contracts that term.
Tenants should also be aware landlords and their form leases in this city very often misstate or blatantly misrepresent their actual rights; it is the governing common and statutory law that controls each party's rights, _not_ whatever wording the landlord and his lawyer have decided to insert into the lease.
Wednesday, March 14, 2012
Sunday, March 11, 2012
The greed of bankers
Pretty soon we'll be able to hopscotch from platform to platform across the Arctic as well as the Gulf. As a result of all this extra oil at the rate we're burning it permafrost melts and our atmosphere gets inundated with 70 billion tons of methane, equivalent to all CO2 released over the last 200 years. This combined with forests disapearing in Asia and South America and soon we'll need gas for our boats rather than cars. We need to get serious about alternatives if we are to survive.
Saturday, March 10, 2012
Surely you jest!
There are too many law schools producing too many lawyers for too few jobs. Shutting down all the tier four law schools will at least stunt the supply. Those schools are jokes, nobody gets a job coming out of them. The ABA should remove their accreditation and let them die. The schools have no incentive to decrease class size--they get paid regardless of the students' eventual success. And, apparently, there will always be students willing to pay the ridiculous tuition. A private law school is across the street from my office, and it charges $36,000 annually for tuition. It is not highly ranked, and I don't know any practicing lawyers who attended it. Nonetheless, it seems to have a steady stream of willing customers who, based on my interaction with some of them, believe they'll all be entertainment lawyers or constitutional scholars. Rest assured, Phoenix is not a hotbed for either practice area, and I'm fairly certain that established schools are producing quite enough lawyers to fill those (and any other) legal service needs. Unless you're planning to become a barista who likes to have engaging conversations with customers, a law degree only prepares you for one thing, and there aren't enough opportunites for that one thing to make it worthwhile for at least 50% of the people attending law school now.
Monday, March 5, 2012
How can someone use a finite resource so cavalierly?
Saturday, March 3, 2012
Take a look at the prices in the rest of the world and stop whining!!
His energy policies have not helped energy prices do anything but rise. His religion is green energy and to make fossil fuel energy more expensive so of course he is responsible for higher energy prices. He fails to understand we need lower cost of living and doing business in the US, his policies do just the opposite with obamacare, subsides for green energies, higher taxes and lower deductions for energy companies and his backing out of the middle east conflicts emboldens Iran to saber rattle without worry about US intervention.
Talking isnt going to fix anything nor explain how the facts are different. He lamely takes credit for higher oil and gas production which is all on non federally controlled land where production is down due to his delay and add regs on top of state regs. His followers may believe he is the great orator and can do no wrong but his actions prove otherwise if one pays attention.
Talking isnt going to fix anything nor explain how the facts are different. He lamely takes credit for higher oil and gas production which is all on non federally controlled land where production is down due to his delay and add regs on top of state regs. His followers may believe he is the great orator and can do no wrong but his actions prove otherwise if one pays attention.
Thursday, March 1, 2012
Oil will not last forever
Germany has 10x the GDP of Greece, and half the ratio of debt to GDP. One easy way to save Greece is for Germany to take out $300bil in loans at its low interest rate, buy up all of Greece's debt, and allow Greece to refinance its debt to slightly above what German debt costs.
The Greek economy would be relieved of its crushing debt burden, the EU would be saved (even strengthened), and Germany would actually make a small profit on the deal.
Alternatively, we could drag out this crisis for another decade as Greece relies on Germany for bailout after bailout to finance debt that it cannot afford. Or we could just let Greece default, markets collapse, and the EU dissolve.
The Greek economy would be relieved of its crushing debt burden, the EU would be saved (even strengthened), and Germany would actually make a small profit on the deal.
Alternatively, we could drag out this crisis for another decade as Greece relies on Germany for bailout after bailout to finance debt that it cannot afford. Or we could just let Greece default, markets collapse, and the EU dissolve.