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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.”

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What You Need to Know About A Triple Net Lease!

Authority Property Management

If you’re looking for retail, industrial, or office space you’ve likely come across variations of lease structures from which you can choose. More often than not these lease structures are drafted in commercial real estate terms alien to you. Property maintenance, taxes, and insurance are known as operating expenses.

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What are the different types of commercial leases

MRI Software

Percentage Lease A commercial percentage lease is a type of lease where the tenant pays a base rent plus a percentage of their gross sales. Common in retail spaces, this lease structure allows landlords to share in the tenant’s success, while tenants benefit from lower fixed costs when business is slow.

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