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  2. Common area - Wikipedia

    en.wikipedia.org/wiki/Common_area

    That one individual legally decides the use of the common area should they ever gain a roommate in the future. If an apartment complex leases by the bedroom, there is a clause or paragraph detailing how the space is to be used equally between all lease holders. Lastly, there are state-owned and mandated common areas.

  3. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    To calculate the NER in this case, the present value of all future cash flows is summed, and then divided by the number of periods, and then converted to the same units as the face rent. In the example above, in a five-year lease on a 10,000 square foot area, the tenant will pay 20 x 10000 = $200,000 per month x 60 months = $12,000,000 over the ...

  4. Operating cost - Wikipedia

    en.wikipedia.org/wiki/Operating_cost

    payment of rent on the office space a business occupies; cost of electricity for the office lights; some office personnel wages; Non-overhead costs are incremental such as the cost of raw materials used in the goods a business sells. Operating Cost is calculated by Cost of goods sold + Operating Expenses. [citation needed] Operating Expenses ...

  5. Commercial property - Wikipedia

    en.wikipedia.org/wiki/Commercial_property

    In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [5] In Europe, approximately half of the €960 billion of debt backed by European commercial real estate is expected to require refinancing in the next three years, according to PropertyMall, a UK ...

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  7. LA landlords are price gouging in the wildfires, says ... - AOL

    www.aol.com/news/la-landlords-price-gouging...

    He said his client offered $20,000 a month and six months of rent paid upfront, but the landlord responded by asking for $23,000 a month. "There are price-gouging laws in California that are just ...

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