Term | Definition |
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Net Income (Revenu net) |
Remaining income to landlord after deduction from the gross income of any expenses necessary to maintain an optimal income such as: municipal and school taxes, insurance premiums and all expenses not reimbursed by the tenants for common services to the property, its surveillance and most of all its maintenance.
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88 Prince Street, Suite 201
Montreal, Quebec H3C 2M8
Tél: 514.844.4431