Sentences with phrase «lease extension option»

Not exact matches

Without a lease extension or an option to buy the land, you're left with a deal that has to pay for itself in less than 12 years.

Chief among the recommendations was easing the lease renewal process through legislation that would institute a mandatory, nonbinding negotiation and mediation period for store tenants and landlords, with the option of a one - year lease extension with no more than a 15 percent rent increase.

When its 15 - year lease of the building expired recently, the school district did not exercise its option for a 10 - year extension.

Ordinarily there are two options available to leaseholders: either purchasing the freehold interest or obtaining a lease extension from the landlord.

The judgment is the first of its kind by an Ontario court directly addressing the issue of a landlord's option to impose a current standard form lease on a tenant exercising an extension.

Abstracted and managed lease documents in document management software to reflect tenant changes in properties (such as options, encumbrances, terminations, relocations, extensions, etc.).

Sam's Club has 5.5 years remaining on its base lease term, with three five - year extension options remaining and a percentage rent increase clause tied to the store's gross sales.

In a sale - leaseback deal, corporations sell real estate they own and then rent the properties back from the buyers under a long - term net lease — roughly 15 or 20 years — with extension options.

The retailer also has four five - year extension options built into its lease.