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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

These properties generate income, accommodate businesses, and support trade. Commercial property managers must juggle tasks like lease negotiations, property maintenance, and ensuring compliance with zoning laws. Lease Agreements Residential lease agreements are straightforward.

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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. For those involved in the commercial real estate (CRE) scene, grasping the basics of tenant insurance is crucial. Why Pay for Commercial Insurance Tracking?

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Old lease vs new lease: A landlord’s guide to smooth transitions

MRI Software

In this blog, we’ll explore the key differences between old leases and new lease. We’ll answer questions like does a new lease void an old lease agreement and provide practical tips for managing these transitions smoothly. What is the difference between old and new lease?

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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

Some property management companies also charge a renewal fee if they negotiate lease extensions with existing tenants. Leasing services may include advertising the property, conducting tenant background checks, and handling lease agreements. Are there typical upcharges for Maintenance and Repairs?