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What else can I help you with?
How can I lease out a building in Troy Michigan without using a real estate agent?
You can do all the things that an agent would do. These tasks include advertising, screening applicants, background checks, negotiations, preparation of a lease contract, conducting showings to prospective lessees, credit checks, etc.
Does the lease agreement cover building expenses?
no it does not
What is a ground rent lease and can is it advantageous to buy one?
A ground rent lease is a regular payment from the owner of a building to the owner of the land on which the building sits. The advantages vary greatly depending on the market at the time and the length of the lease.
What are the benefits of getting an office space lease?
If you get an office space lease, you are not locked into purchasing a building. If in the near future you decide that you will need a larger office, you are able to move depending on the duration of the lease you have signed. You will also not be liable for any external building repairs if you are leasing the building from a landlord.
What is a lessor and lessee?
A lessor is someone who grants a lease of something to someone. For example, in a commercial building lease scenario, the lessor is the landlord (building owner), and the tenant will be known as the lessee.
What does a lease outline mean?
A lease outline is a summarized version of a lease agreement that highlights the key terms and conditions of the lease, such as rental amount, lease duration, security deposit, and maintenance responsibilities. It serves as a quick reference for both landlords and tenants to understand their rights and obligations without delving into the full legal document. The lease outline helps facilitate discussions and negotiations by providing a clear overview of essential lease details.
What type of credit is used to lease a building?
installment credit
What does office space for lease mean?
Having an office space for lease means that you have a building open to rent out to people looking to start a business. These areas can not be used as a residential home. Office space for lease means renting a commercial space in a local office building in town. This building will be use as office space for business.
Can a party to a failed lease negotiations successfully assert a claim for promissory estoppel based on a pre contractual negotiations and acts taken in reliance thereon?
Yes, a party to failed lease negotiations can potentially assert a claim for promissory estoppel if they can demonstrate that a clear promise was made during negotiations, that they reasonably relied on that promise, and that their reliance resulted in a detriment. However, the success of such a claim will depend on the specific facts of the case, including the nature of the negotiations and whether the promise was sufficiently definite to support reliance. Courts typically require a substantial showing of reliance and detriment, so the party would need to provide compelling evidence.
What is general liability and lessor's risk?
Lessor's Risk Only (LRO) provides liability and property coverage for building owners who lease out their entire building or occupy less than 75% of the building and lease out the remainder. Also called landlord's insurance.
How much does it cost to lease a business building?
depends completely on the size
Is lease rent paid prior to construction of a building is to be capitalised?
true
