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 ...
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 ...
Gross leases charge tenants for rent and utilities; net leases add taxes, insurance, and maintenance. Modified gross leases split property expenses between landlord and tenant variably. These leases ...