by Jenna Zebrowski | Jul 20, 2022 | Commercial Real Estate, Landlord
The only revenue a landlord has is the rent, and the additional charges, it bills to and receives from the tenants. Landlords have to pay their own expenses, such as employees and supplies for maintaining the property. The landlord will charge the tenant a set...
by Jenna Zebrowski | Jul 13, 2022 | Commercial Real Estate
There are three main expenses that each landlord has to pay. The only source of income for the landlord is the rent that is paid by the tenants, so either the costs will be included in the cost of rent (gross lease) or they will be charged separately and...
by Jenna Zebrowski | Jul 6, 2022 | Commercial Real Estate
The GLA should refer to the entire property, including the space that each tenant occupies, and any common or shared areas, such as parking lots, restrooms and hallways. The GLA is the denominator in the equation the landlord will use to determine a tenant’s...
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...
