The Robert Weiler Company
DECEMBER 15, 2022
Landlords typically provide their own leases to prospective tenants of their commercial real estate for lease. Fully understand all terms, costs, clauses, and responsibilities of the tenant and landlord regarding the commercial real estate for lease. A prospective tenant can negotiate almost all commercial lease terms.
The Robert Weiler Company
JULY 4, 2022
But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. These resources will educate you on rental property management best practices and help you replicate the success of other rental property managers.
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The Robert Weiler Company
APRIL 15, 2022
Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord.
Property Metrics
SEPTEMBER 19, 2020
A double net lease is a lease structure where the tenant is responsible for paying for two expenses associated with the property. The two expenses paid by a tenant under a double net lease are real estate taxes and insurance. The landlord is responsible for paying all other property expenses.
The Robert Weiler Company
JANUARY 2, 2021
While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. Why would a tenant opt for a ground lease? Tax advantages. Maintenance and tax liability lifted.
Property Metrics
JUNE 22, 2020
The term “single net lease” is sometimes used in commercial real estate to describe a lease where the tenant is responsible for paying one particular expense. A single net lease is a lease structure where the tenant is responsible for paying the property taxes associated with the property.
PennyMac
JUNE 2, 2022
Property taxes. You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you.
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