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A relocation clause is commonplace in smaller commercial leases, particularly where the rentable square footage accounts for only a small portion of the floor or contiguous area. The healthier the lessee's balance sheet, and the less current or near-term vacancy in the building, the easier it is for a lessee to negotiate it away. Landlords will frequently stay firm on relo clauses when they are trying to maintain flexibility to accommodate a very large deal, should it come along. Typically, the relocation clause requires the Landlord to pay for the relocation and for the replacement space to be "comparable" and no more expensive as an absolute amount (versus per square foot) than the current space.
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The buidling catches fire a tenant and anther commercial tenant could they cancel there lease?
This depends on the terms of the lease. If there is no casualty clause, then state landlord-tenant laws will govern, which vary greatly from state to state. See an attorney if your lease does not contain the casualty clause.
Does a domestic violence clause in your lease allow you to get out of lease in texas?
It depends on what the clause says.
What does Cam stand for in a Commercial Lease field?
Common Area Maintenance
How do you register a commercial lease?
A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.
What is an NNN Lease?
NNN lease means triple net lease which is common in commercial leases. "Net Lease" is a term used to signify a lease structure in which the tenant or lessee is responsible for paying a portion all of the common expenses related to real estate ownership.
Is there a difference between a term business car lease and a commercial auto lease, or are they one and the same?
A car lease is an individuals person lease for their car. A commercial car lease is the lease for a commercial vehicle which are used for businesses.
What are some commercial leases?
Commercial leases may be a gross lease, where a single sum is paid to the landlord for all leasing costs or a net lease where you will be responsible for seperate payments to cover extras such as common area maintainence
How can a person obtain a commercial lease agreement?
A person can obtain a commercial lease agreement by asking their landlord to create one. After this is done, a commercial lease between the tenant and the landlord will be made.
How can I break my Texas rental home lease legally?
Each lease is different but they all contain an out clause for both parties,review your lease.
My commercial lease has a arbitration clause any dispute has to be handle this way.after receiving my rent and security I was denied occupancy.Do I have to go arbitration or can I sue in small claims?
How long does it take to get n answer
Is the tenant of a commercial lease responsible for plowing?
read your lease agreement
Where can I get a commercial semi truck lease?
There are several compnies that ofer commercial semi truck lease. You can try www.LoneMountainTruck.com ,or even big nme like Penske,offers lease.
