Apartment Rental Quotes

The thing about old friends is not that they love you, but that they know you. They remember that disastrous New Year's Eve when you mixed White Russians and champagne, and how you wore that red maternity dress until everyone was sick of seeing the blaze of it in the office, and the uncomfortable couch in your first apartment and the smoky stove in your beach rental. They look at you and don't really think you look older because they've grown old along with you, and, like the faded paint in a beloved room, they're used to the look. And then one of them is gone, and you've lost a chunk of yourself. The stories of the terrorist attacks of 2001, the tsunami, the Japanese earthquake always used numbers, the deaths of thousands a measure of how great the disaster. Catastrophe is numerical. Loss is singular, one beloved at a time.

The end result was that people stopped investing in apartment buildings, and a huge shortage in rentals and housing forced many Egyptians to live in horrible conditions with several families sharing one small apartment. The effects of the harsh rent control is still felt today in Egypt. Mistakes like that can last for generations.2

Sweet tea with milk, three Oreos, and Bob Roy’s snug and cozy flat helped Sue breathe deeply for the first time in months. She let out a sigh as big as a cresting wave and leaned back into a chair so soft it put the z in cozy. “Okay,” Bob said. “Tell me everything.” She opened up about, well, everything, cued by Bob’s sympathy. He uttered his support at every story, every anecdote: New York was the only place for Sue to be! Shelley and her “yeah, okay” attitude were to be expected from such a see-you-next-Tuesday! The subway was survivable as long as you never made eye contact with anyone. You found an apartment by reading the Rental classifieds in the Times and The Village Voice, but you had to get them early, at seven in the morning, and then you had to hightail it to the apartments with a bag of donuts because the super would always open up for a pretty girl who shared her donuts.

I had found the apartment in San Telmo with the help of a motherly rental agent in a pink suit who had tried to cheat me on her percentage not once but twice, and reacted with a broad and charming laugh both times I pointed it out, as if we were flirting on a date and I was removing her hand from my thigh.

I guess getting out of homelessness doesn’t happen all at once, either. We were lucky. Some people live in their cars for years. I’m not looking on the bright side. It was pretty scary. And stinky. But my parents took care of us the best they could. After a month, my dad got a part-time job at a hardware store. My mom picked up some extra waitressing shifts, and my dad kept singing for tips. Every time his fishing sign got wet, I made him a new one. Slowly they started saving money, bit by bit, to pay for a rental deposit on an apartment. It was sort of like getting over a cold. Sometimes you feel like you’ll never stop coughing. Other times you’re sure tomorrow is the day you’ll definitely be well.

Jade and Henry stuck it out, but I drove my rental car back to my Brooklyn apartment that evening and downloaded a stack of self-help books on living with crazy families, and skimmed them late into the night, taking from all of them a single idea that resonated as both wise and comforting: I was allowed to draw a line in the sand. I was allowed to stop involving myself in their drama. And so that’s what I did.

Linc didn't know if it was his imagination, but the streets seemed to have gotten older and dirtier - more so, surely, then was possible in the time that had gone by. What he remembered as the center of where the action was, and where all of life happened had turned into tired and shabby remnants of an age that was running down. Had the store fronts always been so grubby with their cloudy windows, half hearted displays, the paint around the doors dulled and peeling like the once-high hopes of some forgotten opening day long ago? Had trash always stunk like this, piled in alleys and strewn along the gutters? Above it all, high-rental buildings that had once thrust proudly toward the sky crumbled silently amid the winds, the rain, and the corrosive fames eating into them. They had degenerated into cheap hotels and apartments while business fled the cities for manicured office parks by the interstates. But the people no longer stopped to gaze at these buildings, in any case. The figures on the sidewalks hurried on, avoiding each other's eyes, enwrapped in their own isolation. Even those who stood or walked together aimed words at each other from behind facades that had become so second nature that even they themselves now mistook them for the persons atrophying within. A city of brooding shells, inhabited by beings who hid inside shells.

If I am not the legal resident of the apartment you cannot evict me. You cannot evict Mrs. Tuttle, who is the legal resident of the apartment, because she is not living here. Unless you accept my check you are not going to receive any rent for the apartment at all because you cannot rent it to anyone else while I am living here because you cannot evict me so they could move in. Mrs. Tuttle will not pay the rent because she is not living here. Sincerely, Marian Griswold

It was an old tradition: landlords barring children from their properties. In the competitive postwar housing market of the late 1940s, landlords regularly turned away families with children and evicted tenants who got pregnant.3 This was evident in letters mothers wrote when applying for public housing. “At present,” one wrote, “I am living in an unheated attic room with a one-year-old baby….Everywhere I go the landlords don’t want children. I also have a ten-year-old boy….I can’t keep him with me because the landlady objects to children. Is there any way that you can help me to get an unfurnished room, apartment, or even an old barn?…I can’t go on living like this because I am on the verge of doing something desperate.” Another mother wrote, “My children are now sick and losing weight….I have tried, begged, and pleaded for a place but [it’s] always ‘too late’ or ‘sorry, no children.’ ” Another wrote, “The lady where I am rooming put two of my children out about three weeks ago and don’t want me to let them come back….If I could get a garage I would take it.”4 When Congress passed the Fair Housing Act in 1968, it did not consider families with children a protected class, allowing landlords to continue openly turning them away or evicting them. Some placed costly restrictions on large families, charging “children-damage deposits” in addition to standard rental fees. One Washington, DC, development required tenants with no children to put down a $150 security deposit but charged families with children a $450 deposit plus a monthly surcharge of $50 per child.5 In 1980, HUD commissioned a nationwide study to assess the magnitude of the problem and found that only 1 in 4 rental units was available to families without restrictions.6 Eight years later, Congress finally outlawed housing discrimination against children and families, but as Pam found out, the practice remained widespread.7 Families with children were turned away in as many as 7 in 10 housing searches.8

had spent more than a year writing a second draft of his book during the hours he wasn’t at one of his jobs. He worked late at night in a small room we’d converted to a study at the rear of our apartment—a crowded, book-strewn bunker I referred to lovingly as the Hole. I’d sometimes go in, stepping over his piles of paper to sit on the ottoman in front of his chair while he worked, trying to lasso him with a joke and a smile, to tease him back from whatever far-off fields he’d been galloping through. He was good-humored about my intrusions, but only if I didn’t stay too long. Barack, I’ve come to understand, is the sort of person who needs a hole, a closed-off little warren where he can read and write undisturbed. It’s like a hatch that opens directly onto the spacious skies of his brain. Time spent there seems to fuel him. In deference to this, we’ve managed to create some version of a hole inside every home we’ve ever lived in—any quiet corner or alcove will do. To this day, when we arrive at a rental house in Hawaii or on Martha’s Vineyard, Barack goes off looking for an empty room that can serve as the vacation hole. There, he can flip between the six or seven books he’s reading simultaneously and toss his newspapers on the floor. For him, the Hole is a kind of sacred high place, where insights are birthed and clarity comes to visit. For me, it’s an off-putting and disorderly mess. One requirement has always been that the Hole, wherever it is, have a door

a young Goldman Sachs banker named Joseph Park was sitting in his apartment, frustrated at the effort required to get access to entertainment. Why should he trek all the way to Blockbuster to rent a movie? He should just be able to open a website, pick out a movie, and have it delivered to his door. Despite raising around $250 million, Kozmo, the company Park founded, went bankrupt in 2001. His biggest mistake was making a brash promise for one-hour delivery of virtually anything, and investing in building national operations to support growth that never happened. One study of over three thousand startups indicates that roughly three out of every four fail because of premature scaling—making investments that the market isn’t yet ready to support. Had Park proceeded more slowly, he might have noticed that with the current technology available, one-hour delivery was an impractical and low-margin business. There was, however, a tremendous demand for online movie rentals. Netflix was just then getting off the ground, and Kozmo might have been able to compete in the area of mail-order rentals and then online movie streaming. Later, he might have been able to capitalize on technological changes that made it possible for Instacart to build a logistics operation that made one-hour grocery delivery scalable and profitable. Since the market is more defined when settlers enter, they can focus on providing superior quality instead of deliberating about what to offer in the first place. “Wouldn’t you rather be second or third and see how the guy in first did, and then . . . improve it?” Malcolm Gladwell asked in an interview. “When ideas get really complicated, and when the world gets complicated, it’s foolish to think the person who’s first can work it all out,” Gladwell remarked. “Most good things, it takes a long time to figure them out.”* Second, there’s reason to believe that the kinds of people who choose to be late movers may be better suited to succeed. Risk seekers are drawn to being first, and they’re prone to making impulsive decisions. Meanwhile, more risk-averse entrepreneurs watch from the sidelines, waiting for the right opportunity and balancing their risk portfolios before entering. In a study of software startups, strategy researchers Elizabeth Pontikes and William Barnett find that when entrepreneurs rush to follow the crowd into hyped markets, their startups are less likely to survive and grow. When entrepreneurs wait for the market to cool down, they have higher odds of success: “Nonconformists . . . that buck the trend are most likely to stay in the market, receive funding, and ultimately go public.” Third, along with being less recklessly ambitious, settlers can improve upon competitors’ technology to make products better. When you’re the first to market, you have to make all the mistakes yourself. Meanwhile, settlers can watch and learn from your errors. “Moving first is a tactic, not a goal,” Peter Thiel writes in Zero to One; “being the first mover doesn’t do you any good if someone else comes along and unseats you.” Fourth, whereas pioneers tend to get stuck in their early offerings, settlers can observe market changes and shifting consumer tastes and adjust accordingly. In a study of the U.S. automobile industry over nearly a century, pioneers had lower survival rates because they struggled to establish legitimacy, developed routines that didn’t fit the market, and became obsolete as consumer needs clarified. Settlers also have the luxury of waiting for the market to be ready. When Warby Parker launched, e-commerce companies had been thriving for more than a decade, though other companies had tried selling glasses online with little success. “There’s no way it would have worked before,” Neil Blumenthal tells me. “We had to wait for Amazon, Zappos, and Blue Nile to get people comfortable buying products they typically wouldn’t order online.

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In the year after Chris died, a friend organized a trip for the kids and me to use the time-share at Disney World in Florida. I felt exceptionally lonely the night we arrived in our rental car, exhausted from our flight. Getting our suitcases out, I mentioned something along the lines of “I wish we had Dad here.” “Me, too,” said both of the kids. “But he’s still with us,” I told them, forcing myself to sound as optimistic as possible. “He’s always here.” It’s one thing to say that and another to feel it, and as we walked toward the building I didn’t feel that way at all. We went upstairs--our apartment was on the second floor--and went to the door. A tiny frog was sitting on the door handle. A frog, really? Talk about strange. Anyone who knows the history of the SEALs will realize they trace their history to World War II combat divers: “frogmen” specially trained to infiltrate and scout enemy beaches before invasions (among other duties). They’re very proud of that heritage, and they still occasionally refer to themselves as frogmen or frogs. SEALs often feature frogs in various tattoos and other art related to the brotherhood. As a matter of fact, Chris had a frog skeleton tattoo as a tribute to fallen SEALs. (The term frogman is thought to derive from the gear the combat divers wore, as well as their ability to work both on land and at sea.) But for some reason, I didn’t make the connection. I was just consumed by the weirdness--who finds a frog, even a tiny one, on a door handle? The kids gathered round. Call me squeamish, but I didn’t want to touch it. “Get it off, Bubba!” I said. “No way.” We hunted around and found a little tree branch on the grounds. I held it up to the doorknob, hoping it would hop on. It was reluctant at first, but finally it toddled over to the outside of the door jam. I left it to do whatever frogs do in the middle of the night. Inside the apartment, we got settled. I took out my cell phone and called my mom to say we’d arrived safely. “There was one strange thing,” I told her. “There was a frog on the door handle when we arrived.” “A…frog?” “Yes, it’s like a jungle down here, so hot and humid.” “A frog?” “Yeah.” “And you don’t think there’s anything interesting about that?” “Oh my God,” I said, suddenly realizing the connection. I know, I know: just a bizarre coincidence. Probably. I did sleep really well that night. The next morning I woke up before the kids and went into the living room. I could have sworn Chris was sitting on the couch waiting for me when I came out. I can’t keep seeing you everywhere. Maybe I’m crazy. I’m sorry. It’s too painful. I went and made myself a cup of coffee. I didn’t see him anymore that week.

... we had to let it go. We had to be willing to lose it all, even if it came to foreclosing on our house, moving into a rental apartment, and starting over. God was not just asking us for a commitment, we were being called to complete, ego-busting surrender.

On a family vacation, I lost my credit card halfway through the trip. I tore apart the rental car to find it. No luck. Labels from my childhood immediately raised their ugly little heads: Stupid, Dummy.

For the first time in the history of America, New Deal policies made homeownership a real possibility for white families, but black families were denied these benefits when the federal government deemed their neighborhoods too risky for insured mortgages and officials loyal to Jim Crow blocked black veterans from using GI mortgages.20 Over three centuries of systematic dispossession from the land created a semipermanent black rental class and an artificially high demand for inner-city apartments.21

The empty apartments. They’re the key to what I have planned. I need to establish a foothold. I want you to move into one. I’m asking all my warriors to do that, minus the ones I need for protection here on the barge, of course.” “The empties are real?” Another one of those Qaanaaq stories that people loved to tell, right up there with the heat-resistant spiders that supposedly infested the geothermal pipes, and the threat of Russian invasion. Allegedly, it was common practice for shareholders to keep some of their holdings off the market. A sort of gentleperson’s agreement, to artificially inflate prices by increasing demand by keeping supply low. Soq didn’t doubt that the empties existed, but they were pretty sure their number was exaggerated, as was the extent of the conspiracy behind it. The more likely reason was the simple thoughtless wickedness of the rich, who had more money than they knew what to do with, who didn’t need the rental income and could keep an apartment empty for Grandma’s once-a-year visit or in memory of a loved one dead for decades. Either explanation was unacceptable. Shareholders were wise to keep themselves hidden, because surely Soq wasn’t the only one who would gladly stomp them to death if given the chance.

The FBI had been tracking Trump Management on charges of racial discrimination in apartment rental practices in New York from 1972 to 1974. (Courtesy: FBI)

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And if a giant new government agency—perhaps called “Housicare”—were given the power to tax all paychecks in order to pay for all home purchases and apartment rentals (according to an official schedule of prices corresponding to family size and job location), the disruption in the market would be mind-boggling. By severing the direct connection between buyer and seller, consumers’ satisfaction with their homes and apartments would suffer while prices would soar. After a few years of such a nutty system, the housing market would be just as screwed up as … well, as the health care and health insurance markets currently are.

It’s my turn. The only one I’m likely to get. I’ve got a month, Starfish.” Her eyebrows narrowed a bit at his use of her nickname, and he relaxed further as they eased into a far more familiar back and forth. Lord, but he’d missed her. “Like I said, let’s take the time we have now and find out what we find out. Then, when it’s your turn, we’ll already be that much closer to knowing what we know.” Her eyes remained narrowed, his feisty Kerry fully back at the fore. “Why is it that I feel like I just got played?” His grin got bigger. “Oh, we haven’t begun to play, love. There was nothing playful about that kiss. But next time?” He let that statement linger with no immediate follow-up. Instead, he dug the keys to his rental from the pocket of his Daks and unlocked the door to the sleek black roadster. At least he’d walked to the correct side this time. Took some getting used to, the whole wrong side of the road thing. Still, the little two-door BMW was a beauty. And about as far away from anything he’d ever driven on the station as it was possible to get. Which was exactly why he’d rented it. He looked back over to where she stood, arms folded now, defenses fully back up and battle ready. Good, he thought. Do what you need to do. Be sure of yourself, of me. Of us. Just remember, I know how to get you to lower those defenses. And he was looking forward to finding out how she’d come apart for him when he melted them completely. “Thirty days,” he said, opening the door. He tugged at the sunglasses that had been hanging down his back on a pair of Croakies and slid them around, putting them on before popping his hat back on his head. He rested folded forearms on the top of the open door, his grin still in place. “And I don’t know about you, but I’m really liking how Day One has worked out.” He tucked his long, rangy frame into the low-slung car and lowered the window as the sport engine purred to life. “Can’t wait to see what Day Two holds in store. G’day, Starfish.

When tenants relinquished protections by falling behind in rent or otherwise breaking their rental agreement, landlords could respond by neglecting repairs. Or as Sherrena put it to tenants: “If I give you a break, you give me a break.” Tenants could trade their dignity and children’s health for a roof over their head. 13 Between 2009 and 2011, nearly half of all renters in Milwaukee experienced a serious and lasting housing problem. 14 More than 1 in 5 lived with a broken window; a busted appliance; or mice, cockroaches, or rats for more than three days. One-third experienced clogged plumbing that lasted more than a day. And 1 in 10 spent at least a day without heat. African American households were the most likely to have these problems—as were those where children slept. Yet the average rent was the same, whether an apartment had housing problems or did not. Tenants who fell behind either had to accept unpleasant, degrading, and sometimes dangerous housing conditions or be evicted. But from a business point of view, this arrangement could be lucrative.

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In the 1950s Detroit was undergoing changes in the city and factories with enormous political consequences. When I arrived in Detroit the city had just begun Urban Renewal (which blacks renamed “Negro Removal”) in the area near downtown where most blacks were concentrated. Hastings Street and John R, the two main thoroughfares that were the hub of the commerce and nightlife of the black community, were still alive with pedestrians. Large sections of the inner city, however, were being bulldozed to build the Ford Freeway crisscrossing the city from east to west, the Lodge Freeway bisecting the city from north to south, and the Fisher and Chrysler Freeways coming from Toledo and proceeding all the way north to the Upper Peninsula. These freeways were built to make it easy to live in the suburbs and work in the city and at the same time to expand the car market. So in 1957 whites began pouring out of the city by the tens of thousands until by the end of the decade one out of every four whites who had lived in the city had left. Their exodus left behind thousands of houses and apartments for sale and rental to blacks who had formerly been confined inside Grand Boulevard, a horseshoe-shaped avenue delimiting the inner city, many of whom had been uprooted by Negro Removal. Blacks who had been living on the East Side, among them Annie Boggs, began buying homes on the West Side and the North End. The black community was not only expanding but losing the cohesiveness it had enjoyed (or endured) when it was jammed together on the Lower East Side. New neighbors no longer served as extended family to the young people growing up in the new black neighborhoods. Small businesses owned by blacks and depending on black customers went bankrupt, eliminating an entrepreneurial middle class that had played a key role in stabilizing the community. By the end of the 1950s one-fourth of the buildings inside the Boulevard stood vacant. At the same time all Americans, regardless of race, creed, or national origin, were being seduced by the consumerism being fostered by large corporations so that they could sell the abundance of goods coming off the American assembly lines. All around us in the black community parents were determined to give their children “the things I didn’t have.

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Rooms For Rent Atlanta That Cater To Your Personal Growth Are you looking for just the right room to rent? Maybe you have the resources you need to find it yourself. After all, this is the age of the search engine, and plenty of information is available to anyone who seriously looks for it. There is a wide variety of choice, so you can concentrate only on those homes that might potentially be for you. There are plenty of advantages to occupying rooms for rent atlanta. You save a lot of money paying only part of the expenses you would normally pay for when you have a house of your own. This is because you only have to pay your share of the rent, water, electricity and heat bills. But there are disadvantages to house share too. Conflicts can arise when you live in house that is not yours, especially if you rent a room in a house where the other residents are from a different background than yours. Having a nice place to stay can even help your physical health, and it surely affects your mental health. You may find a place also that comes with furniture already in it. This would allow you to get by with spending less on not only the furniture but the transportation too. Sometimes you can actually save money finding rooms for rent atlanta in the country. This depends on how often you plan to visit the city. If you have a job you can do from home, or if you are retired and collecting benefits, then there is no real reason for you to pay the extra money to live in the city. Of course there are many choices you need to make while you are searching for a room. Some people just do not enjoy living alone. Renting an entire apartment to oneself can, indeed, be a lonely experience. For those who want an easy opportunity to socialize, then, renting a room is a great option. It is little wonder that so many houses on campuses around the country are full of young students renting rooms - its partly for convenience, and definitely partly for the chance to be among others their own age. Renting a room provides the chance to be among one’s peers. There are many more benefits, but perhaps the biggest and best is the advantage of not being locked into something for life. Room rentals can be very appealing, and they can complement the kind of lifestyle you want and deserve. If you want to find the spirit or soul of a city, move right in with its inhabitants. You may benefit socially by taking a couple of classes at the local college. You might try looking for rooms for rent atlanta where there are games, indoor or outdoor. This is a great way to meet people and get started in your new life. Depending on the weather, you might want a pool or access to a gym or tennis courts. Maybe you are attracted to the kind of community that has stunning architecture and green trees and plants. There may be a certain type of street design that appeals to you.

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The lack of affordable housing regulation allows rents to rise with little restriction, and Oregon law prohibits local governments from enacting almost all rent-control policies outside of special subsidized units. But regulation, like Portland’s famous urban growth boundary, has also enhanced the number of multi-unit buildings being constructed inside a limited zone to avoid suburban-like sprawl. Although Portland’s rental rates are not skyrocketing at the speed of San Francisco or even Seattle, the U.S. Census ranks Portland as having one of the tightest markets in the nation. Despite tax-abatement programs for luxury neighbors like the Pearl District and the South Waterfront supposedly tied to affordable-housing units, the city Housing Bureau says they won’t even meet 2003 goals, much less expand and continue programs. Meanwhile, the average condo price rose 41 percent last year and the average apartment rental has climbed at a steady pace of six percent in 2012 and again in 2013.

Over three centuries of systematic dispossession from the land created a semipermanent black rental class and an artificially high demand for inner-city apartments.

The basic premise of 1031 exchanges is the asset swap: you’re essentially trading one asset for another. To qualify here, the assets have to be real estate and be “like-kind.” Here are some examples of real estate assets that you could swap and benefit from the 1031 rules: • Single-family rental property • Multi-family rental property • Apartment building • Office building • Strip mall • Self-storage facility • Hotel • Raw land

Another good option for showing your rental to multiple people without wasting multiple trips is scheduling showings fifteen minutes apart. This gives you the best of both worlds in a small amount of time: dedicated one-on-one time with each person, while also overlapping each appointment with the next, letting each person know there are others interested and creating that feeling of competitiveness.

Say you have located a 50-unit apartment building that is charging on average $600 per month. Your research indicates the market will bear $640 per month. Using a capitalization rate of 10 percent, a bump in rental rates over a 12-month period of $40 per month would create $240,000 in additional value.

We drove for miles, past half-constructed houses, block after block after block, forty-storey towers standing on the ruins of old Beijing neighbourhoods. The driver told us the flats were empty. People invested in them, but did not want to rent them out: rental rates weren’t high enough and a brand-new flat was easier to resell than a ‘used’ apartment. These were hundred-square-metre bank accounts. By 2018, around fifty million flats stood empty in China, according to estimates. Enough to accommodate the entire population of Germany – and France, too.

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Am I okay? No, I am definitely not okay. My best friend is being arrested for something she didn't do. I tried to rescue her and failed. My cheap rental apartment flooded, a naked man was mostly dead, I got fired, and now I have to live at home and work with Cristian, whose only goal in life is to get every woman he meets into bed. My parents are desperate to marry me off, and now I'll be a sitting duck for a parade of losers who can't find a woman on their own. I eat too much candy and I need to exercise more. I'm wet and cold and on the verge of bankruptcy and a stranger just dragged me into the bushes to do God knows what with me.

The “For Rent” signs were appearing in larger number in Harlem than at any time in twenty-five years. Landlords looked on helplessly as apartment after apartment emptied and was not filled. Even the refusal to return deposits did not prevent the tenants from moving out. What, indeed, was fifty, sixty or seventy dollars when one was leaving behind insult, ostracism, segregation and discrimination? Moreover, the whitened Negroes were saving a great deal of money by being able to change localities. The mechanics of race prejudice had forced them into the congested Harlem area where, at the mercy of white and black real estate sharks, they had been compelled to pay exorbitant rentals because the demand for housing far exceeded the supply. As a general rule the Negroes were paying one hundred per cent more than white tenants in other parts of the city for a smaller number of rooms and

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I grew up urban and poor and lived in apartment buildings in crowded rental-based neighborhoods. In my childhood, there were many people of color around me. But I knew that if I was to improve my life, I would not stay in these neighborhoods; upward mobility would take me to whiter spaces, and it has. I did not maintain those early relationships with people of color, and no one who guided me encouraged me to do so. Segregation was still operating in my life at the wider societal level: it dictated what I learned in school, read in books, saw on TV, and learned to value if I wanted to improve my life.

Examples of like-kind exchanges cited by the Money Income Tax Handbook (Sections 26.711-26.715) include the following: • An office building for an apartment building. • A rental building for land on which a rental building is constructed within 180 days. • Business automobile for a business computer. • Real property you own for a real estate lease with a term of 30 years or more. • Used business truck for a new business truck. • Oil leasehold for a ranch. • A remainder interest for a complete ownership interest.

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