A Commercial Leasing Glossary
In our most recent blog post, we explored Common Area Maintenance fees, otherwise known as CAM charges. It is a term that appears rather frequently in searches for information on commercial leases and refers to expenses beyond monthly rent such as taxes, insurance and maintenance. In this post, we will use the term as a […]
CAM Fees: A Closer Look at Commercial Leases
CAM Fees: A Closer Look at Commercial LeasesYour idea has become an institution. Alright, maybe it is too early to refer to it as an institution, but if you are thinking in the long-term, there is one feature in your lease that you should become familiar with. That would be the CAM fees. CAM stands […]
Commercial Space: A Home for Your Idea
Commercial Space: A Home for Your IdeaYou rent an apartment or buy a house and you have a dwelling for body and spirit. It is a home for you. Lease a commercial space and that is where your brainchild resides. It is a home for the idea you hope will pay for that apartment or […]
Discovering Exclusivity Provisions
Discovering Exclusivity ProvisionsIf you overhear discussion regarding an exclusivity provision, fear not, you are not eavesdropping on a robot couple’s conversation about commitment. Rather, what you may have stumbled upon is a matter regarding a commercial lease. The scenario most likely involves another business setting up shop within a predetermined perimeter, offering a service or […]