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Fractional Renting
Fractional or weekday renting is renting on a part-time basis, typically renting a room in someone's home for the working week. Benefits The growth in popularity of weekday renting in the UK has arisen as individuals' work requirements draw them away from their homes, lengthening commuting distances and journey times. Busy people, tired of long distance commuting, look for somewhere to rent close to work so they can stay away during the working week and improve their work–life balance. Simultaneously, financial pressures on homeowner Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. The home can be a house, such as a single-family house, an apartment, c ...s have led to a rise in the number of people offering rooms for working week renting. Taking a weekday lodger provides additional income but leaves the homeowner with a spare room for the weekend. W ...
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Renting
Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership. An example of renting is equipment rental. Renting can be an example of the sharing economy. History Various types of rent are referenced in Roman law: rent (''canon'') under the long leasehold tenure of Emphyteusis; rent (''reditus'') of a farm; ground-rent (''solarium''); rent of state lands (''vectigal''); and the annual rent (''prensio'') payable for the ''jus superficiarum'' or right to the perpetual enjoyment of anything built on the surface of land. Reasons for renting There are many possible reasons for renting instead of buying, for example: *In many jurisdictions (including India, Spain, Australia, United Kingdom and the United States) rent paid in a trade or business is ...
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Workweek
The weekdays and weekend are the complementary parts of the week devoted to labour and rest, respectively. The legal weekdays (British English), or workweek (American English), is the part of the seven-day week devoted to working. In most of the world, the workweek is from Monday to Friday and the weekend is Saturday and Sunday. A weekday or workday is any day of the working week. Other institutions often follow this pattern, such as places of education. The constituted weekend has varying definitions, based on determined calendar days, designated period of time, and/or regional definition of the working week (e.g., commencing after 5:00 p.m. on Friday and lasting until 6:00 p.m. on Sunday). Sometimes the term "weekend" is expanded to include the time after work hours on the last workday of the week (e.g., Friday evening is often referred to as the start of the weekend). In some Christian traditions, Sunday is the " day of rest and worship". The Jewish ''Shabbat'' or B ...
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Work–life Balance
Work may refer to: * Work (human activity), intentional activity people perform to support themselves, others, or the community ** Manual labour, physical work done by humans ** House work, housework, or homemaking ** Working animal, an animal trained by humans to perform tasks * Work (physics), the product of force and displacement ** Work (electric field), the work done on a charged particle by an electric field ** Work (thermodynamics), energy transferred by the system to its surroundings * Creative work, a manifestation of creative effort **Work of art Broadcast call signs * WORK (FM), now WRFK (FM), an American radio station in Vermont * WORK-LP, an American low-power TV station in New Hampshire * WOYK, an American AM radio station in Pennsylvania, known as WORK 1932–1973 Music * The Work (band), an English post-punk rock group * Work Group, an American record label Albums and EPs * ''Work'' (EP), a 2015 EP by Marcus Marr and Chet Faker * ''Work!'', a 1986 album by Mulg ...
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Homeowner
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. The home can be a house, such as a single-family detached home, single-family house, an apartment, condominium, or a housing cooperative. In addition to providing housing, owner-occupancy also functions as a real estate investing, real estate investment. Acquisition Some homes are constructed by the owners with the intent to occupy. Many are inheritance, inherited. A large number are purchased, as new homes from a real estate development, real estate developer or as an existing home from a previous landlord or owner-occupier. A house is usually the most expensive single purchase an individual or family makes, and often costs several times the annual household income. Given the high cost, most individuals do not have enough saving, savings on hand to pay the entire amount outright. In developed countries, mor ...
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