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 ...
The lease agreement is one of the most commonly utilized contracts in commercial transactions. Even in today’s mobile and technology-driven commercial landscape, a huge number of businesses and ...
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 ...
Lease contract administration is an essential function in any business --particularly those that deal in real estate and leasing enterprises. It does not just involve preparing leases and ...
This article continues a series offering practical guidance to developers, owners, and project teams on how to proactively harmonize American Institute of Architects (AIA) construction documents with ...
Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...
When it comes to one of your business’s top expense items, your commercial real estate lease, tenants must have all the facts when making these long-term and often inflexible commitments. Without ...
Trade fixtures must be removed by tenants at the end of a lease. Commercial leases should clearly define items as trade fixtures to avoid disputes. Failure to remove trade fixtures converts them to ...
The language of a commercial lease determines the procedures for terminating the contract between a landlord and tenant. According to the terms of the agreement, the tenant may occupy a commercial ...
Percentage leases involve paying landlords a portion of tenant profits, commonly in retail. These leases include base rent and excess income shared after a set break-even point. Negotiating a high ...
When leasing real estate, a contract is drawn up between the landlord and the tenant, which outlines the terms of using the property, the obligations of both parties, and the period of the contract.
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