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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

This is a business disruption which will impact all commercial leasing activities going forward. Qualified Commercial Tenants Have Two Categories Who is a Qualified Commercial Tenant? The statute introduces the definition of “qualified commercial tenants,” targeting those who require enhanced safeguards in lease negotiations.

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

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

Esquire Property Management Group

In essence, if the specifics crucial to the deal’s execution and completion are left open-ended, the judicial system lacks a definitive basis upon which to adjudicate and enforce the terms of the LOI.

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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.