Comments on: Commercial net leases – is it normal practice for tenants to make all improvements to their leased space? http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/ Mon, 08 Mar 2010 20:13:59 -0600 hourly 1 By: gafpromise http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/comment-page-1/#comment-4238 gafpromise Fri, 27 Nov 2009 17:41:59 +0000 http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/#comment-4238 Yes, that is rarely the landlord's responsibility. It is almost always the tenant's responsibility. Check your lease, it should specify whose responsibility it is.<br><b>References : </b><br> Yes, that is rarely the landlord’s responsibility. It is nearly always the tenant’s responsibility. Check your lease, it should specify whose responsibility it is.
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]]> By: kemperk http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/comment-page-1/#comment-4237 kemperk Fri, 27 Nov 2009 17:21:59 +0000 http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/#comment-4237 no and with LL needing tenants more than tenants need them...<br><b>References : </b><br>RE broker no

and with LL needing tenants more than tenants need them…
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RE broker

]]> By: Kiltman K http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/comment-page-1/#comment-4236 Kiltman K Fri, 27 Nov 2009 16:32:59 +0000 http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/#comment-4236 Yes, in almost all cases it's normal for the tenant to pay any upgrade or interior maintenance costs. It's also quite normal to pay for maintaining heating & air conditioning equipment if it's specific to the leased unit. If you're just moving to a new leased space you can sometimes get leasehold improvements paid for by the leaseholder if they want you badly enough, but once in the lease these usually become the lessee's expense.<br><b>References : </b><br> Yes, in nearly all cases it’s normal for the tenant to pay any upgrade or interior maintenance costs. It’s also quite normal to pay for maintaining heating & air conditioning equipment if it’s specific to the leased unit.

If you’re just moving to a new leased space you can sometimes get leasehold improvements paid for by the leaseholder if they want you terribly enough, but once in the lease these usually become the lessee’s expense.
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]]> By: John M http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/comment-page-1/#comment-4235 John M Fri, 27 Nov 2009 16:03:59 +0000 http://www.financenewshub.com/leases/commercial-net-leases-is-it-normal-practice-for-tenants-to-make-all-improvements-to-their-leased-space/#comment-4235 yes, for a triple net lease it's common, but not always the case. it will be spelled out in the lease and you should explore arrangements of mutual advantage when you negotiate the lease. An example might be if the owner of the property has a large maintenance staff for other reasons and can accomplish the necessary updates at a lower cost than you are likely to find in the marketplace. you may find it to your mutual advantage to have paint and re-carpet at specified intervals included in the rent. But the typical arrangement would be that you pay for that stuff in a triple net lease<br><b>References : </b><br> yes, for a triple net lease it’s common, but not always the case. it will be spelled out in the lease and you should explore arrangements of mutual advantage when you negotiate the lease. An example might be if the owner of the property has a large maintenance staff for other reasons and can accomplish the necessary updates at a lower cost than you are likely to find in the marketplace. you may find it to your mutual advantage to have paint and re-carpet at specified intervals included in the rent. But the typical arrangement would be that you pay for that stuff in a triple net lease
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