The precise items that are to be paid by the tenant are usually specified in a written lease. For properties that are leased by more than one tenant, such as a shopping center, the expenses that are "passed through" to the tenants are usually prorated among the tenants based on the size (square footage) of the area occupied by each tenant. The term "Net Lease" is distinguished from the term "Gross Lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant or lessee is responsible for any expenses incurred for structural repairs and common area maintenance. "Roof and structure" is sometimes calculated as a reserve, the most common amount is equal to $ .15 per square foot. Double net leases are rarely.

sell commercial real estate

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FSBOs Can Now Use TV To Sell Their Homes with SearchHomesOnTV.com

Reuters - ... 25 (Reuters) - Singapore state investor Temasek is close to a decision to sell ... stake include cash-rich Chinese banks, it said, adding that Industrial and Commercial ... More Financial Services and Real Estate News...Read more...

sell commercial real estate

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