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Commercial Leasing

Commercial leasing refers to a process by which a property is rented by a business entity for a certain period of time. Common types of commercial leasing include office space, retail shops and warehouses.

447 Questions

What is the cost per square foot for a new roof on a commercial building?

The average cost of a new roof in a commercial building is approximately $150-250 per square foot. This cost varies by location and includes materials and labor.

Does a landlord in Minnesota need to change the locks between tenants?

There is no law that requires this, but some landlords do it as a favor to new tenants (good customer service). I am not aware of any law that prohibits tenants from changing the locks themselves, but you would need to check the terms of your lease to see if you are permitted to do so (especially for apartments). If you would like your locks changed before you move into a rental location, insist that it is included in the lease before you agree to accept the terms of the lease. If the lease does not include the option, the landlord is under no obligation to change the locks.

Describe the main focus and principal of scientific management state the contribution of human relations Behavior school to the development of modern management?

The Universal approach is the main principal approach meaning if its a small business or a hospital, all managements should be able to work in either business.

What does as is mean on a lease agreement and does this release the landlord from fixing building code violations?

it means that you will take the rental property the way it is, this is NEVER a good idea, because should you need some repairs whether major or minor, you will not have a leg to stand on, also of your area has no property standards or laws pertaining to this, you could wind up living in a dump for as long as the lease says eg: a one or two year lease, so no do not sign off on this agreement.

Does driving records prevent an employer from offering a job?

A bad driving record might stop an employer from offering someone a job if the job involved driving. Also, if the driving record revealed a pattern of serious infractions such as multiple DUI's or suspensions, this might give the employer concern about the person's reliability.

Is a contract between a month to month renter and a subleasee valid in California without the property owner knowing about it?

You should revisit your lease to determine whether you can sublet without the landlord's permission. Most of the time, you have to speak to the landlord before moving someone in your apartment or home.

Who pays for a lease - landlord or tenant?

If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.

If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.

If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.

If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.

How common is the relocation clause in commercial lease?

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.

How much on average does it cost to lease office space?

Its like paying rent, it varies. It will cost different is different states. It also depends on the size of the office.

If an investor had to choose between daily monthly or quarterly compounding which would you choose?

The greater the number of compounding periods, the larger the future value. The investor should choose daily compounding over monthly or quarterly.

How much does a lease abstract cost?

Real estate business increasingly embraces the service process of abstraction leases to regulate the technical fields of law, business, and finance. Comprehensive and intensive rental time to extract information pieces by reading page documents based on the page. In addition, the complexity and volume of real estate lease data can make the abstraction process less effective and susceptible to human errors.

Outsourcing allows you to get access to professionals at a lower cost and also isolates you to inaccuracies/errors in abstraction. Especially? Here are 5 major advantages of outsourcing that are difficult to pass.

# 1 Utilization of Optimal Resources

# 2 more cost effective

# 3 better Compliance Management

# 4 fast turnaround time

# 5 efficient property portfolio management

Springbord has handled a broad commercial lease abstraction project for years now. We offer abstract leasing services at a low cost with high quality. Talk to us to find out how we can share workloads and help you increase the accuracy and precision across the rental abstraction process.

How much does it cost to rent a kiosk at the mall?

It will vary from mall to mall. The state matters, what class mall, the anchors it has and other factors such as time of the year. For the 10 months excluding NOV. DEC. it could range from $500-$3500+

What information is included in a rent roll?

Name, Suite # or address, base rent, any additional rent, size, lease expiration, lease start, any sublease agreements

What is the onshore company definition?

An onshore company is a company that was registered in a country not considered to be a tax haven.

What is a construction contract?

A construction contract can be explained as the warranty that ensures that the executed job gets the specific amount of compensation or the way compensation will be distributed. Moreover, a construction contract is negotiated specifically for the construction of an asset or a group of interrelated assets.

What is the ratio of retail rent to retail sales?

Generally from $125/sq ft for small pet shop to 1,400 sq/ft for the big warehouse stores.

The ratio of rent to sales is called "Occupancy Cost". Its range is large because different categories of "retail" can support different levels of this OC. In general they will range from 4-15%

Advances in technology over time?

The advances in technology over time is cars phones electricity t.v guns etc..

What steps to get the sheriff to put a commercial tenant out?

After giving a commercial tenant a 3-day notice to pay rent or quit, what steps do I have to take to get the sheriff to put the tenant out?