Articles and updates on AI lease abstraction, lease data extraction, critical-date tracking and commercial real estate automation.
An attornment clause makes a tenant recognize a new owner as landlord after a foreclosure. How it works with subordination and non-disturbance in an SNDA.
Read articleAdditional rent is everything a tenant pays beyond base rent: CAM, taxes, insurance and more. What it includes, how it is calculated, and why it keeps rising.
Read articleA certified rent roll is a rent roll with a signed attestation of accuracy. What the certification actually asserts, who signs it, and why lenders demand one.
Read articleAn exclusive use clause gives a retail tenant sole rights to a product category in a center. How the clause is drafted, how it is enforced, what breach costs.
Read articleLease commencement starts the term, rent commencement starts the invoice, and possession starts the ASC 842 clock. How to tell the three dates apart.
Read articleAn absolute NNN lease shifts every risk to the tenant, including rebuilding after a fire. A standard triple net lease does not. Here is how to tell them apart.
Read articleA ground lease lets a tenant lease land long term, build on it, and hand the improvements back at expiration. Here is how it compares to fee simple ownership.
Read articleA single tenant net lease (STNL) is one property leased to one tenant who pays taxes, insurance, and maintenance. Here is how cap rates, credit, and risk work.
Read articleTotal annual triple net rent = (base rent PSF + NNN charges PSF) x rentable square feet. Here is the formula, a worked example, and what moves the number.
Read articleAn NN lease makes the tenant pay property taxes and building insurance. An NNN lease adds common area maintenance on top. Here is who pays what in single, double, triple, and absolute net leases, and why the difference moves cap rates.
Read article