1 / 6

4 Terms To Understand Before You Rent

At Larry u201cMaxu201d Maxwell Law Practice, our focus is on delivering the best results for our clients, focusing on ensuring they are positioned to receive the most out of any agreement

Maxhealthlaw
Download Presentation

4 Terms To Understand Before You Rent

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MAXHEALTHLAW 4 TERMS TO UNDERSTAND BEFORE YOU RENT

  2. 1. RENTABLE SQUARE FEET (RSF) VS. USABLE SQUARE FEET (USF) The distinction between rentable and usable square feet can be confusing. After all, many people in the real estate industry use both terms. But the distinction is far from inconsequential and can be the difference between a bad deal and a great deal.

  3. 2. LOSS FACTOR LOSS FACTOR REPRESENTS THE PERCENTAGE DIFFERENCE BETWEEN RENTABLE SPACE AND USABLE SPACE. THIS IS VALUABLE BECAUSE IT GIVES YOU A CLEAR UNDERSTANDING OF THE VALUE OF THE USABLE SPACE.

  4. 3. Rent Escalation Rent escalation is a provision that requires the tenant to pay a rate that increases by some factor over the life of the lease. From a landlord’s perspective, this ensures a consistent increase in revenue and helps keep the base rent current with inflation.

  5. 4. Triple Net Lease Different types of leases vary in how rates are calculated. Commercial real estate leases fall into two main categories: gross and net. Gross leases include all expenses, and net leases do not. One type of lease that is increasingly common is the triple net lease.

  6. HOW TO REACH US CONTACT DETAILS 5339 Spring Valley Rd #200 Dallas PHONE NUMBER (972) 226-9700 WEBSITE ADDRESS https://maxhealthlaw.com/

More Related