Provides commercial property practitioners with guidance on drafting and negotiating amendments to leases and lease agreements. Sets out full precedents for agreements and leases along with standard industry forms and intersperses these with commentary taking the practitioner through the process clause by cl...
For example, in the UK, the minimum energy-efficiency standards (MEES) regulation requires landlords of commercial properties to have a minimum energy performance certificate (EPC) rating of F or G, from April 2023, and B by 20301. Thus, there is a strong driving force in the near term ...
The net lease is a highly adjustable commercial real estate lease. The base rent for a net lease is lower than a gross lease, but the tenant also pays fixed operating expenses such as property taxes, insurance, and common area maintenance (CAM) items. There are four types of net leases: ...
the minimum energy-efficiency standards (MEES) regulation requires landlords of commercial properties to have a minimum energy performance certificate (EPC) rating of F or G, from April 2023, and B by 20301. Thus, there is a strong driving force in the near term to decarbonize the existing...
(2005): Lease maturity and initial rent: is there a term structure for UK commercial property leases?, in: Working Papers in Real Estate & Planning. University of Reading, 28/05.Lease Maturity and Initial Rent: Is There a Term Structure for UK Commercial Property Leases - Bond, Loizou, ...
Section 540 of the Civil and Commercial Codeprovides that the duration of a Lease cannot exceed thirty (30) years. If it is made for a longer period, such a period is to be reduced to thirty (30) years. However, the 30-year period may be renewed, but the renewal must be made prior...
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Triple net leases offer investors a unique opportunity for stable, predictable income. However, the real key to maximizing their potential lies in effective commercial property management. From maintaining tenant relationships to ensuring lease compliance, property managers are the unsung heroes who pr...
It’s also important to save ahard copyof the final commercial rental agreement–many states evenrequireleases over a specific amount to be in writing. So be sure to check the requirements for lease agreements in the state where the lease property is located. Having the terms in a written ...
There are several types of commercial leases, including: Gross Lease:You pay a fixed monthly amount and the landlord covers all other property expenses. Net Lease:You pay the base rent, plus, often, one of the following: property taxes, insurance, and maintenance costs. ...