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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

This core distinction shapes how leases are negotiated, tenants are managed, and properties are maintained. Rent collection also varies significantly. Lease Agreements Residential lease agreements are straightforward. Lease Agreements Residential lease agreements are straightforward.

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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?

Lease 40
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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

This fee typically ranges from 2% to 10% of the monthly gross rental income but can be higher or lower depending on the complexity and location of the property. The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals.

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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.