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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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Is your real estate data ready for AI? 11 Essential questions to ask

MRI Software

For real estate, this data includes lease agreements, occupancy information, maintenance records, financial statements, and much more. For example, real estate teams have used document abstraction tools to cleanse their data and to onboard new leases and addendums, ensuring the data remains reliable and up to date.

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Real World AI: Eight PropTech Scenarios Transforming Real Estate

MRI Software

To successfully benefit from AI technology, real estate companies need to take time to understand and document the data available to them and determine the most impactful scenarios for their business. Impact: Without a doubt, document abstraction is the most popular use case for AI in real estate.

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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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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. Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements.

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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.

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Can you sublease a commercial lease?

MRI Software

While the original lease remains in effect, the subtenant assumes responsibility for the rented space. Subleasing allows businesses to reduce costs when they no longer need the entire leased property or want to downsize without breaking the original lease agreement.

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