TYPE OF LEASE. Except as otherwise provided in this Lease, the Minimum Annual Rental is to be paid to Landlord net of taxes, insurance and maintenance. This is a “triple net lease” in that Tenant shall be responsible for the cost of taxes, insurance, maintenance, utilities and all other charges, except for those items of maintenance which are specifically made the responsibility of the Landlord in this Lease.
TYPE OF LEASE. Individual Rack Rent Lease
TYPE OF LEASE. Lessee will pay all taxes when due and give notice to Lessor. Net lease transaction whereby Lessee shall be responsible for the payment of all taxes (other than Lessor's income taxes), fees to secure Lessor's Equipment security position, insurance and maintenance and all other costs in connection with the Equipment, and its operation. Lessee shall provide evidence of physical damage and liability insurance with endorsements in amounts acceptable to the Lessor prior to the delivery of the Equipment.
TYPE OF LEASE. This is a net lease transaction whereby maintenance, insurance, property taxes, and all items of a similar nature are solely for the account of the Lessee.
TYPE OF LEASE. ¨ New ¨ Renewal þ Expansion ¨ Option
TYPE OF LEASE. As per the terms of this agreement, it shall be considered to be: ( select one)
TYPE OF LEASE. Each Leased Property shall be designated by Lessee either a Capital Lease Property or an Operating Lease Property, and such designation shall be contained in the relevant Lease Supplement.
TYPE OF LEASE. Gross or Triple Net (NNN) When deciding what to charge a tenant, the main question they will ask themselves is whether the rent includes insurance, property taxes and/or maintenance of the property. . This is very important and should be reflected in real estate marketing. Total rent – the tenant pays only the monthly amount specified in the rental agreement. The owner will pay the property taxes, insurance and maintenance of the property. Triple Tenancy (NNN) - the tenant pays the amount specified in the lease each month, plus property taxes, insurance and maintenance of the property. Step 4 – Hire an agent or sell the property yourself. Now you need to list the property. This lets other businesses and individuals looking for a property know about availability. You will therefore need to decide whether you want to sell the property yourself or pay a real estate agent to sell the property on your behalf. Each real estate agent charges their own rates, although it is common in the industry to charge between 4-6% of the total rent. 50% of the commission is paid at the signing of the lease and the remaining 50% is paid when the tenant moves in. So, for a 5-year lease at $1,000 per month, the agent's fee would be $2,500 ($50,000 times 5% = $2,500). CBRE JLL Xxxxxxx and Xxxxxxxxx Group Business 5, a popular commercial real estate company. List the property If the property is managed by an agent, you may not have to worry about listing the property for sale. If you decide to sell the property yourself, you will need to use the internet as your only source to secure a location. When adding a property, it is best to create beautiful images of the interior and exterior, as well as all common areas. It is also important to note all amenities, parking, water/sewer and any other information necessary for the needs of the potential tenant. Popular Commercial Advertising Sites Step 6 - Negotiate the Lease When contacting a potential tenant, it's best to understand their needs and come to an agreement. Therefore, it can be beneficial for you and your agent (if you have one) to work creatively with the tenant to come to an agreement that works for both parties. EXAMPLE Charge the tenant a percentage (%) of their selling rent instead of a higher monthly amount. So if the tenant earns money, you earn too. Step 7. Do a credit check.The company installed is probably a businesswoman or a small company. Therefore, you need to make a creditworthiness background and verification ...
TYPE OF LEASE. Landlord shall obtain, and Tenant shall pay for fire insurance on the Premises. Tenant shall reimburse Landlord for the real estate taxes on the Premises. Maintenance of the Blockbuster landscaping will not be paid by Tenant. Tenant shall at its cost maintain the landscaping located on the Premises. Landlord agrees that the additional charges shall not increase more than Three and one half percent (3.5%) in any single year, including if due to the sale of the property and/or portion of common area. It is agreed that the cost for the interior and exterior building maintenance of the roof and exterior walls, the public utilities from outside walls, septic systems or sewer replacement and replacement or repair of heat, ventilation and air conditioning (HVAC) units (if required) is to be borne by Landlord. It is agreed that the cost of the interior maintenance and janitorial, all utilities, exterior glass, tenant signage and a quarterly HVAC maintenance contracts are the responsibility of the Tenant.
