Understanding how to lease commercial property can help business owners make informed decisions, avoid common pitfalls and secure favorable terms. This topic is particularly important for investors and business owners as it directly affects their operational efficiency, financial health and potential for fu...
Now you can begin to investigate the commercial property market in which you intend to lease your space. If you are very familiar with the relevant properties in the area, you may decide to search on your own. If you are very knowledgeable about leasing commercial real estate but are unfamil...
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The most common retail lease is a triple net lease. This type of lease requires the tenant to pay for property taxes, insurance, and maintenance in addition to rent. What are the 3 main types of lease? The three main types of leases are gross leases, net leases, and percentage leases....
Working with a commercial real estate broker Tenants may choose to work with a broker to navigate the leasing process. There are advantages to working with a broker. “Not only will [brokers] be able to identify available spaces based on your search criteria, but commercial lease structures are...
During the COVID-19 pandemic, many small businesses have fallen on hard times and arelooking for ways to alleviate financial stress. One such way to help ends meet is approaching your landlord to renegotiate your commercial lease, a strategy that was useful even in pre-pandemic times. ...
For those looking for a brick-and-mortar location, it all starts by deciding whether you want to lease or buy your commercial property. There are tax implications for the decision you make, so consult your legal and financial advisors to make the best decision. ...
Obviously you’re going to want to do a walk-through of the house to make sure that the toilet works, there isn’t any mold, etc., but what else do you need to really consider in China? Location, Location, Location As with property anywhere in the world, location plays the biggest ...
Or what if you break up and you still have many months left on the lease? This means that you may have to move out or take on some debt if expenses become unsustainable. What is your plan if this happens? Do consider creating a joint account for shared expenses:Maintain separate accounts...
Any terms or counter offer you wish to include, such as any changes to the length of the lease or condition of the property. [Read:4 Business Owners on How They're Reopening Their Businesses Post-Coronavirus] How to negotiate a commercial lease ...