Leasing commercial real estate is a critical step for many business owners, providing the space necessary to operate and grow their businesses. However, commercial leases are more complex than ...
For many entrepreneurs signing a lease seems like renting an apartment – a Tennant/Lessee agrees to pay a certain fee to Lessor/Agent per month. Right? Nothing could be further from the truth. The ...
Learn how a double net lease shifts property tax and insurance costs to tenants, and compare it with triple net leases for ...
Commercial leases typically require the landlord, the tenant or, in most cases, both to carry insurance to cover the building and the parties in the lease. The insurance clause in the lease specifies ...
Commercial leases can be dozens of pages long. It’s easy to miss something critical — such as who’s responsible for HVAC repairs or what the tenant can or cannot do in the space. While there are many ...
Commercial landlords are allowed to shift more responsibility to their tenants than residential landlords, regardless of the state. As a result, you'd be wise to read the terms of your commercial ...
Green leases are emerging as a key component of commercial leasing, as both landlords and tenants in different industries place an increasing emphasis on sustainability and environmental impact. A ...
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. Commercial leases are intimidating. What's an NNN? How about ...
A gross lease in real estate is a commercial lease where the tenant pays fixed rent while the landlord covers most property operating expenses, including taxes, insurance, utilities, and maintenance.
In a commercial lease dispute, the landlord will almost always insist on recouping every single dollar of late fees, as provided for in the lease, which are incurred as a result of a tenant's default ...
If you’ve never been involved in renting commercial space,your first glimpse of a commercial lease may be overwhelming. Theyare lengthy, full of jargon and unfamiliar terms, and alwayswritten to the ...
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