Overview of Commercial Lease Security Deposits
As a lease administration company, we see many leases and many different security deposit structures. Below is an overview of security deposits, different factors that determine security deposit form and amount, and return of the security deposit at the end of the...
Overview of Different Operating Expense Structures
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,...
Commercial Lease Estoppels 101
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...
Leasing Tips: It’s Time for 2023…Base Years
As we enter the final stretch of 2022, we want to remind tenants and their brokers to push for a 2023 Base Year on new leases and extensions. As lease administrators and tenant advocates, it can be frustrating to see a client commit to a new or extended term that...
8 Tips When Negotiating a Lease Amendment
Tips we have come up with to ensure your next amendment helps provide the clarity and protections a tenant needs.