https://financetrainingtopics.com/standard-terms-to-know-when-researching-commercial-land-for-lease/
The concept may be confusing. However, this article will assist you in understanding some common terms to help guide the way to make. The most popular commercial land for lease terms includes The Triple Net Lease. It allows you to be charged for the property and then your landlord will take care of maintenance.
Absolute Triple Net leases have the tenant responsible for both the structural and base rent. There is a possibility of an Full-Service Gross lease that obliges the landlord to pay all expenses related to the property , while tenants pay a premium than the normal base rate. Landlords may charge high base rents to pay for all possible damage repair costs.
The next option is then the Modified Gross lease which will require base rent as well as operating costs. Utilize this lease to make utilization of the space you have at your workplace and make an income from the same lease. The sublease clause is separate from the lease. This clause allows the lease to be used.
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