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In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...
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 tenancy agreement for real estate is often called a lease, and usually involves specific property rights in real property, as opposed to chattels. In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
After Ignacio died in 1864, his estate was divided among his heirs. During World War II, Ignacio became the site of military housing for Hamilton Air Force Base. These military houses were eventually torn down and replaced by a more suburban community. [4] [5] The Ignacio post office opened in 1893, closed in 1944, and re-opened in 1961. [2]
Bel Marin Keys is a waterfront community located east of the city of Novato. The community has approximately 700 homes. Most of the homes sit either on one of the many lagoons or on Novato Creek. All of the lagoons have access to San Pablo Bay through the navigational locks. The community is in ZIP code 94949 and area codes 415 and 628.
Its county seat is New Braunfels. [5] Comal County is part of the San Antonio-New Braunfels, TX metropolitan statistical area. Along with Hays and Kendall Counties, Comal was listed in 2017 of the nation's 10 fastest-growing large counties with a population of at least 10,000. In 2017, Comal County was second on the list; it grew by 5,675 ...
New Braunfels (/ ˈ b r ɔː n f ə l z / ⓘ BRAWN-fəlz) is a city in Comal and Guadalupe counties in the U.S. state of Texas. It is the seat of Comal County. The city covers 44.9 square miles (116 km 2 ) and had a population of 90,403 as of the 2020 Census . [ 7 ]
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