|
commercial leasing one of the most important thing that you need to do is to find a tenant that is reliable. You want to make sure that they have a good business reputation. You need to ask for personal and business references. When checking out these references you need to ask questions such as did they pay on time or were they continually late on their rent, did they take care of the property they rented, were they problematic and always complaining about things, did they fulfill the leasing agreement or break the contract. Make sure that you do your research whether you are the tenant or owner so you will not make a bad investment in either form of commercial leasing. ">This type of lease is for commercial property, which can consist of renting a warehouse, office, or any other area that you will use to run a business. Although a commercial lease can vary in terms most of the specifics of this type of lease will benefit the one you are renting it from. The main two types of commercial leasing options: • Gross option—with this type of leasing agreement the tenant, or person renting the property, will agree to pay a rental amount that has been predetermined and includes the expenses of the one who owns the property. • Net option—with this type of leasing agreement the tenant will pay a set amount for rent plus a part of the owner’s maintenance expenses and monthly taxes. Sometimes with this type of commercial leasing the rent will not be set but be flexible so it can be increased in the future. Normally when signing a commercial lease the one renting the property will have to pay the first and last month’s rent at the signing of the lease. By doing this the owner is protected with a month paid in advance in case the tenant leaves without giving the owner advance notice. In commercial leasing of retail space in a shopping center the owner may calculate the monthly leasing rent per square foot of the space rented. Leasing agreements for a shopping center will normally contain specific terms about where they may have deliveries conducted, what is and is not allowed in store displays, and the hours of operation they have to follow. If you rent a store in a shopping center the commercial lease may specify that they will have to pay a certain percentage of their profit to the owner of the shopping center each month. If you are the owner who has property for commercial leasing one of the most important thing that you need to do is to find a tenant that is reliable. You want to make sure that they have a good business reputation. You need to ask for personal and business references. When checking out these references you need to ask questions such as did they pay on time or were they continually late on their rent, did they take care of the property they rented, were they problematic and always complaining about things, did they fulfill the leasing agreement or break the contract. Make sure that you do your research whether you are the tenant or owner so you will not make a bad investment in either form of commercial leasing.
Related Articles -
apartment rentals, apartment rentals milwaukee, apartment finder, commercial leasing,
| 
