by NLA Team | Apr 30, 2024 | Lease Administration, Blog
In a move that is poised to benefit businesses across Florida, the state government has announced a significant reduction in the commercial rent sales tax, which will be lowered from the current rate of 4.5% to 2.0% starting June 2024. This change marks a substantial... Read More
by NLA Team | Apr 1, 2024 | Lease Administration, Blog, Leasing Tips, Lease Audit Services
In a commercial real estate lease, the operating expense structure outlines the costs associated with operating and maintaining the property. These expenses can include property taxes, insurance, maintenance, repairs, and utilities. Depending on the lease agreement,... Read More
by NLA Team | Feb 20, 2024 | Lease Administration, Blog, Leasing Tips
As a commercial tenant, the start of a new year often brings with it the operating expense reconciliation statement for the previous year. The 2023 reconciliation is a critical document that reflects the actual expenses incurred by the landlord in operating and... Read More
by NLA Team | Jan 23, 2024 | Lease Administration, Blog, Lease Audit Services
As a commercial tenant, the start of a new year often brings with it the operating expense reconciliation statement for the previous year. The 2023 reconciliation is a critical document that reflects the actual expenses incurred by the landlord in operating and... Read More
by NLA Team | Dec 3, 2023 | Lease Administration, Blog
The concept of levying sales tax on commercial rent can be a surprise to many, especially if they are not familiar with the few jurisdictions where this practice exists. Unlike tangible goods, services like leasing commercial real estate are not always subject to... Read More
by NLA Team | Apr 24, 2023 | Lease Administration
The Stark Law is a federal law that prohibits physicians from referring patients for certain designated health services to entities with which they have a financial relationship, unless certain exceptions are met. The law is intended to prevent conflicts of interest... Read More
