Commercial Lease Pro

Is it necessary for Landlord to produce monthly Invoice to tenants ?

TriniboyX asked:


I am a landlord that rent out a commercial property. Is it necessary for me to produce a monthly invoice to my tenant even though the lease states payment date?
This is For the New York City Area

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August 14, 2009 at 9:58 PM Comments (4)

Im a commercial tenant and have been holding rent from my landlord who has not done his job. can i be evicted?

Peter asked:


I have owned a preschool, going on, five years now. I have had constant issues with the leaking in the roof, that has lead to much damage, including lose of customers. I have asked multiple times for my landlord to fix this problem, but it has either been ignored or done so of such poor quality that the issue is still a major problem.
I faced a law suite because of this due to the sealing tiles collapsing and water pouring on one of the children.
With my lose of business and law suite due to this issue it has made it hard for me to pay the rent, though i as well feel i should not have to pay the full amount.
Besides this there are many other issues that the landlord chooses not to tend to, as is said to be his responsibility in the lease.
I took it upon myself, though after many written letters, to lower my rent money. I feel as though it is not my responsibility or problem and why should I pay for full rent when I am not getting the quality I deserve.
I am now facing eviction and NEED to know if there is anything I can do to save my business before it is to late. Please can someone help me with this? I need to know what my rights are as a tenant in the state of new jersey, and what i can do to stop this eviction from going through.
Do i have any rights?!

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August 12, 2009 at 1:11 PM Comments (5)

Need to evict commercial tenant, help?

quickremodel asked:


I have an artist studio complex in CA with spaces that are for work only. 3 days ago I had a tenant move in who is living there with her dog (in the lease it says work only and no pets). We asked her to move out and she will not leave. What can I legally do? Thank you for your help

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August 9, 2009 at 9:21 PM Comments (3)

Can you evict a tenant that has a 20 year lease if they don’t comply with a City Ordinance?

www.MATTUCCI.com asked:


I have a commercial tenant in a building that has an illegal storage room in the rear. It has been there for a long time even before I bought the building. The City wants me to tear it down and I agreed to do that, but the tenant is storing stuff in there and it doesn’t seem like they are going to move it.
The lease does not mention the storage in the back part of the building, but the tenant has been using it for many years. The legal size of the building is 3,900 sf and he is basically paying on that square footage. Right?

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August 7, 2009 at 2:55 AM Comments (5)

How can I learn more about commercial real estate? I am currently a residential real estate agent. Thanks?

ramehdickens asked:


I have a lot of customers that operate on the commercial end and can work to get more. I enjoy residential real estate but I think I would also enjoy commercial and want to learn more about how it works, leases and more. Can anyone give me any suggestions? Thanks!

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August 6, 2009 at 12:33 AM Comment (1)

Should residential tenants require a non-disturbance agreement from their landlords?

Amy D asked:


Hi. I’m going to rent a property in the next few months that I intend to live in for 2+ years. I have heard horror stories of tenants evicted because their landlords defaulted resulting in forclosure. I know that this is common in commercial real estate, but is this becoming common in residential leases as well?

Thanks,
Amy

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August 5, 2009 at 6:32 PM Comments (2)

I own a piece of commercial property that I think would make a great night club, where/how do I find a buyer?

cindy s asked:


hartford ct, restaraunt equipped, lease w/option to buy

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August 3, 2009 at 4:30 PM Comments (3)

Commercial property Valuation?

cssinclair asked:


I am looking to find a formula to value a warehouse for sale. It’s offered at $285 a SF and is vacant. What rent would I have to receive to justify this price assuming a triple net lease.
Is there a formula to calculate the triple net.

The property is located in California

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July 31, 2009 at 3:52 PM Comments (2)

Lease questions?

Frances. asked:


What does it mean for a general tenant to finish allowance? Also, what does RSF NNN mean in relation to a commercial rental space?

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July 31, 2009 at 4:26 AM Comment (1)

I moved out waiting for commercial landlord to fix problems?

looker asked:


I work with clients that I sign confidentiality agreements with. In my new office, the people nextdoor claim they can hear every word we say. They also complain constantly if the radio or music is playing. I brought this up to my landlord, that I cannot do business in this office unless they fix it. I gave them 30 days. They did not, g so I moved out, I can’t wait forever and I need to make money in my business. I sent a letter informing landlord that I would move out due to the lack of resolution to the problem. Now, they want to hold me responsible for the remainder of the lease. THey are now fixing the problem by adding another layer to the walls. Well, it’s too late, I moved out in order to continue with my business. They want to serve a 3 day notice for not paying rent. I know they can sue me for the life of the lease, but I can also sue for loss of money not being able to work in my office. any ideas?
The business is handling of information for paparazzi, celebrities etc.

I checked the building codes and a business must by default be soundproofed to at least 65 decibels. The wall between the 2 suites was recently constructed. Even we cannot hear any sound transfer from neighbours, they can hear us.

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July 30, 2009 at 11:38 PM Comments (2)