Category: Property Management

Form-of-the-Week: Partial payment agreement — Forms 558 and 559

Commercial landlords and tenants agreeing to partial payments use RPI Form 558, and residential landlords and tenants use RPI Form 559. The forms commit to writing the portion of remaining delinquent rent the tenant owes the landlord, the date the balance is due, and when not paid by the due date, what action the landlord may take to enforce payment.

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SoCal commercial market headwinds continue in Q1 2026

Vacancy rates are on a year-over-year upward incline, while net absorption returns were positive this quarter. New projects were opened to the market but are not yet occupied. A few major tenants are boosting occupancy of distribution space, while smaller businesses are slowly shutting down.

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SoCal commercial property struggles for buoyancy — Q4 2025

Vacancy rates are up in all SoCal sectors and counties, aside from Orange County office and a slight year-over decrease for Los Angeles industrial. Net absorption remains negative for San Diego and Orange County but turned positive for Los Angeles and Inland Empire industrial in 2025.

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Form-of-the-Week: Commercial lease agreement — percentage and month-to-month — Forms 552-4 and 552-5

A landlord, tenant, leasing agent or property manager when negotiating rent payments as a percentage of a non-residential tenant’s gross sales uses a Commercial Lease Agreement of the percentage variety to set the terms for a fixed-term tenancy or uses the month-to-month variety to prepare a Commercial Rental Agreement for a periodic tenancy.

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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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Needed Legislative Follow-Through – Foresight Dictates Prudence

Laws for consumer representation by DRE brokers need consistency. Litigation will pull in the courts to definitively establish the conduct required of tenant brokers to earn and collect a fee. In the meantime, brokers need to do everything in their power to protect the fee they and their agents expect to earn.

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Users of Commercial Property Need Negotiated Written Representation, Too

2025 legislation requires a buyer agent to enter into a written representation agreement with their buyer seeking to acquire a fee interest in real estate. But is a commercial tenant’s acquisition of a leasehold interest also targeted? This three-part series is engineered to fully address every facet of this question commonly asked by our readers and students.

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