Tax aspects advice
This article explains how to offer tax advice when appropriate, increasing an agent’s marketability by widening the range of services and advice offered to clients.
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Author: Amy Platero
Form-of-the-Week: Commercial lease agreements — Gross variety — 552 and 552-1
A landlord, tenant, leasing agent or property manager uses a Commercial Lease Agreement of the gross variety for projects with a single tenant or multiple tenants when the landlord retains the obligations to manage and pay for most or all property operating expenses such as property taxes, insurance and maintenance during the tenancy.
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The breaching buyer’s responsibilities
Learn to determine when a buyer’s breach of a purchase agreement and escrow instructions entitles a seller to recover monetary losses and intelligently discuss a seller’s recovery of losses on a resale following their buyer’s breach of a purchase agreement.
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Increased protections for small commercial tenants
A qualified commercial tenant receives tenant protections, including a longer period of time for notice of an increase in rent and termination of tenancy, more documentation in a change of building operating costs charged the tenant and translation requirements when negotiating a lease agreement.
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The seller breaches the purchase agreement
Learn to conduct a transaction as a buyer agent when a seller breaches the purchase agreement with a buyer, discuss remedies available to the buyer and review money losses the buyer may recover on a seller’s breach.
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