Operating expenses (“OpEx”) and common area maintenance fees (“CAM”) are two important items in any commercial lease, but they are often overlooked after the decision is made on how to split up these ...
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.
Learn how single net leases transfer property tax responsibilities to tenants, reducing landlords' burdens while offering a less common commercial lease option.
In part 1 of this series, Matthew Odgers, JD, discussed 10 important phrases that are contained in your office lease. In part 2, he describes different kind of leases you may encounter. The costs of ...
Property tax Building insurance Maintenance and operating costs. Additional rent commonly varies annually, unless otherwise stated in your lease. It’s important not to rely solely on the title of the ...
So you have found the perfect place for your business and it is time to negotiate the lease. Aside from the basics such as term and rent, what should a tenant (lessee) be looking at in their ...
This biweekly sponsored column is written by the experts at Gordon James Realty, a local property management firm that specializes in residential real estate, commercial real estate and homeowner ...
So you have found the perfect place for your business and it is time to negotiate the lease. Aside from the basics such as term and rent, what should a tenant (Lessee) be looking at in their ...