Just Elementary, Inc. » Entries tagged with "Base Rate"
Lease Expiring: Holdover Clauses in Industrial & Retail Leases
When the premises lease for a business expires, what happens? Does it just become a month to month lease at the same rate as before? Do you have the right to stay in the premises? Once a Commercial Retail or Industrial lease expires, the lease doesn’t necessarily convert to a month to month lease. Often times a Commercial Retail or Industrial lease will have a Holdover clause that will dictate the terms of maintaining possession of … Read entire article »
Filed under: Commercial Leasing
The initial terms to negotiate with a landlord for a retail business lease
Already found a suitable location for your business? Then, the next step is Negotiating a Lease for your Business? Here are Five basic terms to start with. But remember that there is plenty more to negotiate after you have reached an understanding on the following four points: The Base Rate The Lease Indexing The Length of the Lease Number of Option Terms Personal Guaranty Terms Starting with the Base Rate is the most common lease term to negotiate. It is important … Read entire article »
Filed under: Commercial Leasing
Negotiating Retail Lease Terms – Base Rate, Lease Indexing, CAM, NNN, Personal Guaranty, Lease Assignment
When it comes to negotiating a retail lease, it is important to consider all of the terms and the entire lease. In this blog post, we will focus on a few of Lease Terms that are important to negotiate The Base Rate in Gross Lease Versus a Net Lease NNN & CAM Charges Lease Indexing: Fixed versus Variable Personal Guaranty Clause Lease Assignment Clause Here is a presentation by Commercial Business Broker Pramod Patel discussing the terms listed above. Gross versus Net … Read entire article »
Filed under: Commercial Leasing, Negotiation
Archives
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010