Commercial Real Estate Management Agencies And The Leasing Process - PowerPoint PPT Presentation

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Commercial Real Estate Management Agencies And The Leasing Process

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The process of leasing is vital and critical to real estate. However, most property owners are not as well versed in the process and choose to let realtors or commercial real estate management agencies handle the leasing process. – PowerPoint PPT presentation

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Title: Commercial Real Estate Management Agencies And The Leasing Process


1
Commercial Real Estate Management Agencies And
The Leasing Process
2
Leasing Process
  • The process of leasing is vital and critical to
    real estate. however, most property owners are
    not as well versed in the process and choose to
    let realtors or commercial real estate management
    agencies handle the leasing process. because one
    cannot undermine the importance of constructing a
    reasonable and near perfect lease it is important
    to understand the leasing process and what
    constitutes a good lease that is favorable to the
    tenant and the lessor.

3
A simple lease comprises of the following
  • a lease defines the responsibilities and rights
    of the owner as well as the tenant towards the
    property. this includes financial
    responsibilities and dues.

4
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5
  • The lease pre-defines the rent, late payment
    penalty and the one time security deposit which
    is agreed upon by both the lessor and the tenant.
  • The lease mentions the compensation that the
    tenant is subject to in case of any damage to the
    property during his/her stay. Some leases also
    stipulate the ceiling of liability for the lessor
    and the tenant.

6
  • It specifies the role and key functions of the
    tenant towards maintenance of the property.
  • A new lease is constructed for every occupancy /
    property in the construction and not for every
    individual occupying the property.

7
  • For More Information on Commercial Real Estate
    Management.
  • Visit Us at http//madisonprop.com

8
  • THANK YOU
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