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A commercial lease includes various components that outline the obligations and rights of both the landlord and tenant. Key elements typically found in a commercial lease are: Lease term:The duration of the lease agreement, including start and end dates. Rent:Theamount of rentthe tenant agrees to...
Tenants generally are required to sign a commercial lease that details the rights and obligations of the landlord and tenant. The commercial lease draft document can originate with either the landlord or the tenant, with the terms subject to agreement between the parties. The most common type of ...
I really enjoy each January when I am able to attend the NAIOP Utah Commercial Real Estate Symposium. It is one of the most well done conferences on commercial that I attend and I do attend a lot of them. They have been gracious enough to share a breakdown of the event as well as sh...
A landlord reletsa property by having a new tenant sign an entirely new lease, thus voiding the original lease (and releasing the original tenant from his or her obligations). What is a re letting fee? a reletting fee (usually one or two weeks' rent). This must be based on the fee...
It offers significant resources that allow commercial landlords to plan disputes when a tenant fails to complete his or her obligations under the lease. It advises landlords to wait for how many days before taking actions if a tenant is not successful in resolving the default within the given ...
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s experience in all phases of commercial real estate development and financing, as well as contract law, give him the qualifications needed to advise and facilitate all types of transactions in this field. This includes commercial real estate tax, sales, lease negotiations and landlord/tenant law,...
Comments from some of our landlord partners: "Pin Property began working with UBCUK in 2014 under the lease agreement for Rutherford House in Birchwood, Warrington. A full refurbishment and re-fitting programme was undertaken as part of the joint partnership between Pin Property and UBC, and the...
Countrywide Estate Agents Thanks Julian super piece of work. It will really help in our negotiations with the landlord. I will get you… Dominic Hayes – Group property Director – Nuffield Health I am writing on behalf of Thorntons Plc to thank Bradley Mason for the excellent works carried ou...