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Posts tagged lease
Just More Empty Florida Commercial Real Estate for Lease April 2009
May 23rd
Here is another completely empty shopping center. It has no tenants. It’s been empty for months. This just might be the double blow to the banks. If all of these commercial mortgages go bust…I don’t know. I guess they could just print some more money for the banks. One more round…for the banks! Your just a bunch of greedy people anyways…tying to make investments that make money! lol. Video shot 4/17/09.
Commercial Real Estate Crisis
Office space to Rent | Commercial Property for Lease – Office Space Local
May 20th
Office Space Local – www.officespacelocal.com provide listings of offices and commercial properties available for rent. Enquire for leasing quotes on commercial offices. . We’ll find the office for you . 100% Commision Free . Local Expert Advice Call us on US toll free phone number and let us find the office space for you – 1-866-269-9340
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Q&A: What happens to a tenant’s lease after a bank foreclosure & public auction (commercial real estate in Texas)?
May 19th
Question by Real Estate Questions: What happens to a tenant’s lease after a bank foreclosure & public auction (commercial real estate in Texas)?
Landlord allowed bank to foreclose on the building we were tenants in. The building went to auction, but there were no bidders. The bank became the owners. As tenants, what happens to our lease? What are our rights/options? It’s commercial real estate in Texas. Thanks so much for any help.
So are tenants month-to-month? Are the leases void? What if the bank doesn’t offer a new, reasonable lease? Thanks.
Best answer:
Answer by hollywoodmelody
If the bank now owns the property, they will speak with each tenant and new leases will be offered. They know what you are paying and the terms (unless verbal) so they will base the new leases on that. Your options are to work with the bank or new owner or leave the property. Usually, it is a slow process so think clearly and make sure you understand the bank terms or if they sell it (more than likely)you will end up negotiating with the new owner.
What do you think? Answer below!
What happens to a tenant’s lease after a bank foreclosure & public auction (commercial real estate in Texas)?
May 17th
Question by Real Estate Questions: What happens to a tenant’s lease after a bank foreclosure & public auction (commercial real estate in Texas)?
Landlord allowed bank to foreclose on the building we were tenants in. The building went to auction, but there were no bidders. The bank became the owners. As tenants, what happens to our lease? What are our rights/options? It’s commercial real estate in Texas. Thanks so much for any help.
So are tenants month-to-month? Are the leases void? What if the bank doesn’t offer a new, reasonable lease? Thanks.
Best answer:
Answer by hollywoodmelody
If the bank now owns the property, they will speak with each tenant and new leases will be offered. They know what you are paying and the terms (unless verbal) so they will base the new leases on that. Your options are to work with the bank or new owner or leave the property. Usually, it is a slow process so think clearly and make sure you understand the bank terms or if they sell it (more than likely)you will end up negotiating with the new owner.
What do you think? Answer below!
Basic Commercial Lease Agreement Guidelines
May 17th
Basic Commercial Lease Agreement Guidelines
A commercial lease agreement is a contract that legally binds the property owner and the tenant. The lease agreement gives the tenant the right to use the property for commercial purposes for a certain period in exchange for money paid to the property owner.
The lease agreement also provides an outline of rights and responsibilities of both the tenant and the proprietor.
What is the subject of the commercial lease agreement?
Commercial lease agreement involves the lease of real property for commercial purposes. It usually covers the lease of a store, offices, industrial and commercial buildings.
Is there a standard form for Commercial Lease Agreement?
Unlike other contracts, commercial lease agreement has no standard or required form. The law is silent with regard to this aspect. The party can use any form as long as the basic element of the lease agreement are present.
What are the basic elements of
Do you need good credit to lease commercial property? If so, are there alternatives?
May 13th
Question by Ayisha A: Do you need good credit to lease commercial property? If so, are there alternatives?
I am planning to open a ice cream shop and want to know do you need good credit to lease commercial property? If in most cases you do, are there any ways to get around it?
Best answer:
Answer by Heather
You need good credit to lease anything. If you are a huge credit risk, no one is going to lease property to you. Maybe you should consider going into business with a friend that has better credit than you do.
Give your answer to this question below!
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