Ads
related to: what is needed to lease a commercial space for sale in lake county illinoisloopnet.com has been visited by 100K+ users in the past month
pdffiller.com has been visited by 1M+ users in the past month
Search results
Results from the WOW.Com Content Network
A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
Transportation buildings and structures in Lake County, Illinois (2 C, 1 P) Pages in category "Buildings and structures in Lake County, Illinois" The following 29 pages are in this category, out of 29 total.
When space allocated to multiple functions is significant, these buildings can be called multi-use. Local authorities commonly maintain strict regulations on commercial zoning , and have the authority to designate any zoned area as such; a business must be located in a commercial area or area zoned at least partially for commerce.
The term "net lease" is distinguished from the term "gross lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant pays a gross amount of rent, which the landlord can use to pay expenses or in any other way as the landlord sees fit.
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
The distinction between sales-type and direct financing leases has changed: whereas in ASC 840 the test was whether the fair value of the leased asset was different from the lessor's cost or carrying amount (if so, the lease is a sales-type lease), in ASC 842, any lessor lease that meets the lessee finance lease tests (based on rents and ...
Ads
related to: what is needed to lease a commercial space for sale in lake county illinoisloopnet.com has been visited by 100K+ users in the past month
pdffiller.com has been visited by 1M+ users in the past month