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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

Typical Commercial Property Management Fees and Services Explained Here Owning commercial property can be an excellent investment, providing steady income and appreciation over time, but it is not for the faint of heart. Want to Understand Commercial Property Management Fees?

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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Landlords will need to provide “supporting documentation” for applicable costs, which must be limited to expenses related to operation, maintenance, and repair. Local district attorneys have been granted authority to enforce these requirements, necessitating a rigorous adjustment to leasing practices.

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

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Moreover, even if the policy was “blown up” and no more coverage existed the insurance company still has a duty to defend the commercial tenant in any lawsuit.

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

Esquire Property Management Group

A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller. Nevertheless, it is not uncommon for LOIs to lack a direct and unequivocal declaration of intent.

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What are the different types of commercial leases

MRI Software

Engaging a qualified attorney or lease advisor can help identify potential pitfalls and negotiate better terms. Detailed documentation and clear communication can help safeguard the tenant’s interests throughout the lease term.

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