Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Some Types of Commercial Property Leasing Agreements

By Carol Moore Subscribe to RSS | December 8th 2011 | Views:
loading
 
  



Everyone is out there to make some extra money to combat chances of inflation or recession. With inconsistencies and markets on a constant up and down, there is a need to come up with ways that can guarantee additional and sustainable income. Business homeowners are in a very good position to make some much needed extra cash by leasing out their property for commercial purposes. Not only do you put vacant buildings to good use but you can also get true value for them.

However, in order to lease out property to a business, there are contracts that need to be drawn up detailing terms and conditions. A well planned rental will protect you – the homeowner – against any undesired event or effect. Some of the things that will have to be taken into consideration and discussed include no build areas, type of business the owner wants to lease out his property for and any alterations that the business can undertake on the property.

Meet and sit down with a trusted lawyer and draw up a contract or an agreement stating the terms and conditions that need to be fulfilled when leasing your property to commercial establishments. Also define what your role as a property owner will be during the life or period of the rental. What will your duties and obligations include and what aspects will you not be responsible for?

The commercial property leasing must be done with extra care and consideration. When negotiating, make sure you understand clearly whatever rules must apply. Negotiate in such a way that you get added value for your property. Remember, this is a business so do not let sentimentality or attachment with your property get in the way of business.

When choosing to lease commercial property, there are various types of leases one can go for. There is the gross lease, triple net lease and modified net lease, to name a few. Under gross lease, the landlord pays for maintenance, insurance and taxes out of the money collected from fixed rents. Under triple net lease, fixed rent is lower but tenants have no control over expense increase or maintenance. Under modified net lease, the landlord and the tenant split maintenance expenses and the latter pays insurance and taxes. A modified net lease is a popular form of lease agreement as it allows for flexibility and eases the cost of bearing expenses.

Carol Moore - About Author:
Interested to know more about commercial property leasing or lease commercial property.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/some-types-of-commercial-property-leasing-agreements.htm

Related Real Estate Articles Subscribe to RSS

When you're spending it large for property it's advisables to ease up the conveyancing process
Published by Finten Thomas on February 19th 2012 | Real Estate
Whether you're looking to purchase, sell or remortgage we are able to offer you an excellent value f...
 
Look out for the best property in Houston, Texas
Published by Brad Hermes on May 25th 2012 | Real Estate
Houston real estate market is reaching great heights in the United States. As the demand of housing ...
 
 
Choosing trustworthy property consultant is beneficial
Published by Deepti on May 4th 2012 | Real Estate
Mohali is a full-fledged market of real estate. It is major part of tricity though it has now a sepa...
 
Welcome good tenants to your property by choosing the convenient way of screening your tenants
Published by Pamela Walker on March 15th 2012 | Real Estate
Landlords and property managers should understand that bad tenants can give them sleepless nights. S...
 
Strata property investment advantages
Published by Chris Whelan on December 27th 2011 | Real Estate
In almost every country strata management property investment is getting more popularity due to its ...
 
Want a sound investment advice? Opt for property investment
Published by Sophia Milller on December 13th 2011 | Real Estate
There are people that earn their living only through rents received from their properties. When the ...
 
Hire estate agents Marlow for smooth property deals
Published by Ricky Charles on January 4th 2012 | Real Estate
Many businesses have flourished and doomed but the real estate business has somehow managed to keep ...
 
Investing in property is what sound investors suggest
Published by Sophia Milller on December 13th 2011 | Real Estate
South Africa is one of the most developed countries in the entire continent of Africa. Does this mea...
 
How to choose a good property in Bangalore
Published by Andy Wagon on February 15th 2012 | Real Estate
If you currently want a property and were looking for, then there are many references that can be us...
 
Buy your strata management property
Published by Chris Whelan on November 28th 2011 | Real Estate
Buying strata management property will save your each month rent, which become costlier day by day. ...
 
Lease your property for commercial strata management
Published by Chris Whelan on January 25th 2012 | Real Estate
Everyone should follow some qualified process during leasing their commercial strata management prop...
 
Looking to rent a house in Huddersfield? Head to Martin & Co for property rental in Huddersfield
Published by Ademholt on July 12th 2012 | Real Estate
Are you planning to rent a house in Huddersfield?
Get in Touch with the Martin & Co. Estate Agen...
 
Seeing the Huge Benefits in purchasing property in Greater Noida
Published by Sanjay Kumar on August 9th 2012 | Real Estate
The investment within the property will never move into vain as a result of the property rates withi...
 
Things to consider before property foreclosure
Published by Matthew Watson on July 5th 2012 | Real Estate
When you are to mortgage your property there are certain things that you can do to enhance the overa...
 
Mohali property offering plethora of investment options
Published by Deepti on April 12th 2012 | Real Estate
Mohali, often termed as the Eco town of Punjab, is emerging as the favorite place for property in...
 
Penang: the property hotspot in real estate Malaysia
Published by Jeevan Nanthan on April 6th 2012 | Real Estate
Also, the high end condos and homes at Batu Ferringhi and Tanjong Bungah have helped in making Penan...
 
Decisions to be made during property restoration process
Published by Larry King on June 20th 2012 | Real Estate
As the restoration process proceeds, there are many decisions to be made including those relating to...
 
HOA management- Capable providers for financial as well as property management
Published by Ema Sis on January 12th 2012 | Finance
HOA management companies shall be actual asset for communal administration amenities. They undertake...
 
Letting agents and property to let
Published by Glyn Jones on December 6th 2011 | Real Estate
With the estate agents investing in the real estate market becomes really very easy. This allows you...