“Tenant” refers to a company or individual that leases space from an owner/landlord. Usually money is paid as rent however, sometimes the landlord will make a trade. For instance, a CPA might lease a single office from a manufacturing company in exchange for doing the landlord’s taxes. The space could ...
January 30, 2018Lynn Drake
Calculating Rent in California $16.00 s.f./year/12 months = $1.33/month/square foot $1.33/s.f./month x 5,000 s.f. = $6,650/month
January 26, 2018Lynn Drake
Calculating Rent/month 5,000 s.f. x $20.00/s.f. = $100,000 / 12 months = $8,333 per month
January 22, 2018Lynn Drake
Rent is defined as “consideration paid for the occupancy and use of real property.” This is a general term covering any consideration, not just money.
January 19, 2018Lynn Drake
I often see mistakes businesses make when leasing commercial real estate. Throughout 2018 I’ll share with you some things that are easily correctable, and others that have costly consequences. I learned a valuable lesson a few years ago, when I had my furniture vendor make the furniture for our offices. ...
January 17, 2018Lynn Drake
Do You Speak Lease available online through TrueNorthPublishing.US
January 12, 2018Lynn Drake
Meet my dog Rocky. He loves people, but doesn’t’t like to be referred to as a sheep dog. Because he isn’t one. Rocky wants people to know he is a Aussie-doodle. What does that mean? His mother was a standard Poodle and his father was an Australian Shepard. He believes ...
January 11, 2018Lynn Drake