These types of provisions are
common in commercial leases, but also in many day to day business contracts.
Not exact matches
While the process of negotiating a
commercial lease can be stressful for most business owners or decision makers, keeping these five factors
in mind can help entrepreneurs avoid some of the most
common mistakes:
(3) A part of the
common elements of a corporation that is not a
common elements condominium corporation constitutes a separate parcel for the purpose of municipal assessment and taxation if it is
leased for business purposes under section 21, the lessee carries on an undertaking for gain on it and it is
in the
commercial property class prescribed under the Assessment Act.
A recent episode of the «
Commercial Real Estate Show» provided an enlightening look at a few of the
common trouble spots
in leases and provided some tips for crafting good
leases.
Aunger said illegal marijuana growing operations
in apartments, homes and
commercial spaces are becoming a
common challenge for Canadian police and for property owners who
lease those spaces to tenants and could face property damage and legal risks from their tenant's growing activities.
Apparently it is
common practice for bigger retailers
in commercial real estate to sign
leases with conditions that prevent their landlord from renting to other businesses that would create competition.
That's a key difference, because it aligns CIEs with
common commercial sale and
leasing practices, which stress flexibility
in both how transactions are structured and how cooperating practitioners are compensated.