Are you somewhat confused by all the terms that real estate agents throw around like nothing? Well don’t worry, I can assure you that you are in good company.
Lets get a few of the basics out of the way and then we can move on to some of the specifics. One of the first things you have to understand is that there are several components to the overall rental rate that you ultimately end up paying. There is the rent that you pay the Landlord for the use of their space, but also as a commercial Tenant you will also pay for the following items; the maintenance of the overall building, the property taxes, building insurance and management of the property. (I know, I know, it doesn’t seem fair to be paying for the management and maintenance of someone else’s property, but that’s the real world, so get used to it!)
October 5th, 2009
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Oct 09
