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Finding the Perfect Multifamily Property

American Apartment Owners Association

Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said. After you and the seller agree upon a price, you will hire professionals, such as property inspectors and real estate attorneys, to conduct thorough inspections and provide legal guidance.

Property 200
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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

Lease 52
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Finding the Perfect Multifamily Property

American Apartment Owners Association

Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said. After you and the seller agree upon a price, you will hire professionals, such as property inspectors and real estate attorneys, to conduct thorough inspections and provide legal guidance.

Property 130
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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

LEASE AND ADDENDUMS The lease is obvious. You should always have a lease, even if the tenant is a family member or friend, and that lease, as well as the property file, should be kept for at least one year after the termination of the rental agreement.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

Many times, this is merely the starting point of negotiations between a purchaser and a seller which is commonly drafted by a purchaser’s broker or attorney. It is imperative that you have a competent real estate attorney to help you by reviewing and or drafting your LOI for you.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements. Landlords and property managers need to familiarize themselves with the ins and outs of insurance policies and coverage details to verify tenants’ compliance with lease agreement terms.

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Why Rental Owners Should Work With Real Property Management Choice

Real Property Management Choice

We have excellent relationships in place with vendors and contractors, insurance agents, brokers, and attorneys. We take care of everything in the leasing, management, and maintenance of your investment property. We have procedures for accounting, lease renewals, and inspections. The opposite is actually true.