miscellaneous

Which lease is most commonly used for retail properties?

Which lease is most commonly used for retail properties? Percentage leases are most commonly used for retail properties (especially malls). In a percentage lease, tenants pay a base rent plus a portion of the gross sales they make from conducting business in the building. What is the most common commercial lease? A net lease is

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What is the difference between sub lease and assignment?

What is the difference between sub lease and assignment? Sub-letting involves a tenant leasing out all or part of their premises to a third party. Under a sub-letting agreement, the rights and obligations created under the initial lease remain in force. An assignment involves transferring the lease from one party to another. What does landlord

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