Re-Renting Out Boston Apartment Rentals | Bost Real Estate Blog ...

If you?re renting a Boston apartment rental and you need to move, but you don?t wish to break your lease, you may be able to re-rent out your unit. There are several ways in which this can be done?novation, assignment, and sublet. The method in which you do this will be up to your landlord, but just so you?re aware of what these different methods are we?ve provided this brief overview.

Novation ? A release and surrender agreement between the original tenant, landlord, and new tenant. In this method the original lease is ended through an agreement with the landlord, freeing the original tenant from contractual obligations in the future. A new lease is created between the new tenant and landlord and the new tenant pays rent directly to the landlord. While it isn?t required by law, some landlords ask for a fee in return for novation. The charge may vary from several dollars to over $100. As the original tenant is free from the contract, the security deposit must be returned according to the applicable Massachusetts laws.

Assignment ? An agreement between the new tenant and old tenant for the remainder of the lease. The new tenant pays rent directly to the landlord, however, the landlord may sue either the old or new tenant for unpaid rent. The old tenant can also sue the new tenant if he/she doesn?t meat contractual obligations. Issues relating to damages and the security deposit should be mutually negotiated by the new and old tenants as well as the landlord because the agreement is made within the context of the original lease. The landlord may request fee for an assignment.

Subleasing ? An agreement between the old and new tenant for one or all:

• Less than the full-term lease
• Less than the entire premises
• A different rental rate than stated in the original lease.

In a sublet agreement the original tenant remains responsible to the landlord under the original lease and can be sued by the landlord for unpaid rent or not fulfilling contractual obligations. The original tenant may also sue the new tenant to cover any unpaid rent owed to the landlord. The original tenant?s security deposit might not be returned until 30 days have passed from the expiration of the lease. The new and original tenant should create an agreement regarding damages. The landlord may ask for a fee for subletting.

Source: http://www.firstbostonrealty.com/blog/re-renting-out-boston-apartment-rentals/

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Barry Diller Wants To ?Transform Television? With Aereo, A DVR In The Cloud

Barry Diller always enjoys riling the media industry from which he sprang. A few minutes ago at a press conference at IAC headquarters in New York City, Diller introduced a new startup IAC is backing called Aereo that is building a DVR in the cloud that broadcasts live TV to your iPad, computer, or TV. Diller has always believed that Internet TV would be a healthy counterweight to "media concentration" as media companies increasingly want "to protect that closed system." The problem with Internet TV so far, says Diller, is that "there wasn't a lot to watch" other than "cats swinging from chandeliers." And other hardware solutions presented the problem of mo

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YLoKj1tG1jg/

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Seeking Kremlin return, Putin pledges spending (Reuters)

MOSCOW (Reuters) ? Russian Prime Minister Vladimir Putin set out plans to increase spending on healthcare, education and social services Monday, trying to woo protesting middle-class voters before a presidential election he is expected to win.

Putin acknowledged in a front-page article in the popular daily Komsomolskaya Pravda that Russia lacked affordable housing and efficient social services - concerns voiced by the urban middle class that has led street protests against his rule.

Regretting that one in eight Russians lives beneath the poverty line - a little over $200 a month - he promised to address the gap between rich and poor, boost teachers' wages, and to take steps to increase Russia's population after years of decline by bolstering child benefits.

Some economists and political analysts described such pledges as populist and said raising government spending could be problematic at a time of economic uncertainty.

"Just 10-12 years ago, the debate was mainly about keeping a whole social category, first and foremost pensioners, from slipping below the poverty line," Putin wrote in an article entitled "Building Equality: A Social Policy for Russia."

He said perceptions of what constituted an adequate standard of living had changed and added: "The population, and most of all the 'middle class', educated, well-paid people, are overall dissatisfied with the quality of social services."

The article was the latest in a series in which Putin, 59, has laid out his policy plans before the election.

Opinion polls suggest he will be re-elected comfortably to the post he held for eight years until 2008, when he stepped aside because the constitution prevented a third successive term. He became premier but remained Russia's dominant leader in a "tandem" with President Dmitry Medvedev, whom he nominated.

However, the former KGB spy is facing the biggest protests of his 12-year rule and it is not certain that he will avoid having to contest a second-round run-off by winning more than 50 percent of votes in the first round.

Monday's article was the latest sign that although Putin has rejected the protesters' main demands - notably for more political choice - he and his inner circle are looking for ways to address the growing disenchantment.

TEACHERS, FAMILIES

Putin pledged hefty pay increases for key public sector employees, including university and college teachers, doctors and researchers, while also raising handouts to large families and students and acting to reduce the cost of housing.

He called for a "workers' aristocracy," proposing a set of measures to give workers a bigger role in management, more professional training and a better chance of career improvement.

Putin said that meeting his goals of wage increases for medical personnel, researchers and teachers would require "significant resources" and put the price tag at 1.5 percent of gross domestic product (GDP). That would mean about $30 billion.

Although he said state pension payments account for 10 percent of GDP, he had decided against raising the pension ages of 60 for men and 55 for women, a move that could ease the drain on state coffers.

Deutsche Bank economist Yaroslav Lissovolik said: "In view of the current debt burden, Russian can allow itself some increases in the upcoming years.

"The problem is that structurally the budget is already running a deficit ... It is quite high as a result of the significant increase in social spending."

Evsey Gurvich, head of the Economic Expert Group, which advises the finance ministry, said Putin's article left out any discussion of unpopular measures, such as tax increases, that the government might need to meet its ambitious goals, "if we don't want to be a bankrupt country like Greece."

But Dmitry Oreshkin, a political analyst, said many Russians would treat the spending pledges with skepticism.

"This article is a clear example of populism, which does not appear to be very efficient today, because Putin has largely lost his credibility among the Russian people," he said.

Russians have in general become wealthier since the market reforms that followed the Soviet Union's collapse in 1991 and the economy boomed while Putin was president before, mainly on the back of a surge in the price of oil, Russia's main export.

But members of Russia's emerging middle class in cities like Moscow and St Petersburg are alarmed by corruption, the wealth gap and the tightly controlled political system dominated by one man who could win two more six-year terms as president. ($1 = 30.0600 Russian roubles)

(Reporting by Alissa de Carbonnel; Additional reporting Alexei Anishchuk, Maya Dyakina and Jason Bush; Editing by Timothy Heritage and Alastair Macdonald)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120213/wl_nm/us_russia_putin

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Mission Mondays Hosted by Tony Gambone with Guest Kim Wuertz ...

Sorry, but our servers have experienced an error that prevents us from showing you
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In many cases if you try again it will work the second time.

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Video: Santorum: GOP battle a ?two-person race?

A Second Take on Meeting the Press: From an up-close look at Rachel Maddow's sneakers to an in-depth look at Jon Krakauer's latest book ? it's all fair game in our "Meet the Press: Take Two" web extra. Log on Sundays to see David Gregory's post-show conversations with leading newsmakers, authors and roundtable guests. Videos are available on-demand by 12 p.m. ET on Sundays.

Source: http://www.msnbc.msn.com/id/3032608/vp/46359089#46359089

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Spray-on antenna revealed: best thing to come in a can since Easy Cheese (video)

Ever found yourself without a signal and wished you could just spray one on like magic? Well, maybe soon, you'll be able to do just that. Chamtech Enterprises has developed a spray-on antenna it says is more lightweight and energy-efficient than current technology. Revealed at Google's inaugural Solve for X shindig, the antenna can be "painted" onto almost anything, including trees, walls and fabrics. Chamtech's already talking with government-based customers, and as such can't spill too much detail on how it works, but said it uses organic elements to tinker with magnetic and radio-frequency fields. The start-up's CTO, Rhett Spencer, claims the antenna could increase mobile energy efficiency by 10 percent. It was also found to work particularly well under water, and being organic, we presume, would make it ideal for sub-aquatic telecom infrastructure, and of course, rainy days.

Continue reading Spray-on antenna revealed: best thing to come in a can since Easy Cheese (video)

Spray-on antenna revealed: best thing to come in a can since Easy Cheese (video) originally appeared on Engadget on Sat, 11 Feb 2012 07:04:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/02/11/spray-on-antenna-revealed-best-thing-to-come-in-a-can-since-eas/

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