System Two: Rent and Rent Recovery
Dec 8, 2000 | Article
Written by Wolfgang Kaufmann and Ken Beallor
(Lexpert Seminar- Fundamentals of Commercial Leasing)
To understand the fundamentals of the commercial lease it is useful to divide the lease into five fundamental systems. This paper looks at System Two: Rent and Rent Recoveries. Overall, we have designed this program for landlords, tenants, property managers and leasing consultants as well as lawyers. With this in mind, we have taken a practical everyday approach to Rent and Rent Recoveries and we will try to avoid the finer esoteric points which have little practical impact.
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