by Jenna Zebrowski | Jun 30, 2022 | Commercial Real Estate
The three “nets ” or payments (besides rent) for a commercial real estate lease are: taxes, insurance, and common area maintenance/operating expenses. A lease agreement with base rent, plus the net payments, is referred to as a triple net, or NNN, lease. Is...
by Jenna Zebrowski | Jan 30, 2020 | Blog, Commercial Real Estate, Landlord
If it’s not in writing, it doesn’t exist! During your time as a landlord, you’ve probably entered in to an oral lease agreement at some point. If you’re a new landlord, you’ve probably been tempted and have now searched the Internet asking, “Is an oral lease agreement...
by Jenna Zebrowski | Jan 7, 2020 | Blog, Commercial Real Estate, Tenant
It’s easy to enter into an oral lease agreement with your landlord. There are no confusing documents to read and no formal rules. But easy doesn’t mean smart. Let’s look at why you need a written commercial real estate lease. Your monetary investment doesn’t come...
by Jenna Zebrowski | Dec 21, 2019 | Blog, Commercial Real Estate, Leasing, Tenant
When a tenant enters into a commercial real estate lease, there is often a request for the tenant to sign a personal guarantee. The Balance Small Business explains that, “Before a bank lends money to a startup business, they often require additional guarantees in case...
by Jenna Zebrowski | Dec 19, 2019 | Blog, Commercial Real Estate, Landlord, Tenant
In commercial real estate, tenants are usually required to carry some form of insurance. This protects tenants from losses due to injury, natural disaster or expensive repairs. It also helps define responsibilities to landlords, and other third parties, like...
