(3O4) INSPECT

Building On Leased Land

Building on leased land results in separate ownership of that building and the land. The two owners, one of the land, and one of the improvement come together in one investment parcel. In this situation, the landowner wants someone to develop the land but still wants...

Percentage Lease and The Seasonal Business

The choice of the type of lease for commercial space leased by a retail business is usually a percentage lease, meaning that the rental amount is determined as a percentage of the gross receipts of the business. The investor-landlord, in effect, takes a stake in the...

Owners & Tenants Must Have Insurance

Insurance coverage must be addressed by both landlords and commercial tenants. For the run-of-the-mill daily problems, a landlord must have the maximum coverage for the building and the tenant’s leases. The tenant must cover the business with coverage that will...

The Versatile Real Estate Option

An option on real estate is an extremely versatile investment tool that comes in a variety of forms that can be used for a variety of purposes. The primary use of the option is that it gives the optionee (the party holding the option) control over property (in the...