Encouraging Timely Payments From From Commercial Tenants

As we all know, many commercial tenants are having financial difficulties which affect their ability to make their rental payments in a timely manner. To discourage late payments and encourage tenants to perform their financial obligations under their lease, imposing penalties that are more stringent than those that appear in existing leases should be considered…

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Differences Between Commercial and Residential

There are many laws governing commercial and residential property leases but those that pertain to commercial leases are much less stringent in requirements of landlords than those for residential properties. Since the parties involved in commercial agreements are considered by law to be competent business people, landlords are allowed more freedom in the transactions –…

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Landlord REP Tips

As a landlord, do you have the time to deal with numerous brokers and interested tenants? Do you have the expertise to develop an effective marketing plan for your property? Qualify prospective tenants? Negotiate disputes? Engage in lengthy, complex lease negotiations? Prepare monthly leasing status reports? A skilled and experienced landlord’s representative can handle all…

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Strenthening Commercial Leases

In most states, landlords are usually down at the bottom of the list of repayment – after suppliers and other vendors – when tenants default in their financial obligations. In “normal” economic conditions, and especially in these economic down times, landlords should be particularly diligent in evaluating and strengthening commercial leases for their own financial…

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Accommodating Commercial Tenants

With the increase in vacant office space due to commercial tenants defaulting on their rent and/or filing for bankruptcy, landlords need to be aware of how to keep existing tenants while remaining in the black. Based on the problems in the nation’s economy, some commercial tenants are asking for a rent reduction in exchange for…

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Landlord Tips: When to Release a Tenant from their Lease

Because the Dallas commercial real estate industry is still in a precarious situation, landlords may often wonder about releasing a tenant from their lease. After all, the question of whether they can fill that commercial space with another tenant is certainly in question, given the harsh state of the Dallas commercial real estate market. Consider…

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