Sentences with phrase «rent over the term of the lease»

Spread any free rent over the term of the lease rather than offering it up front.

Not exact matches

For leases that contain predetermined, fixed calculations of minimum rentals, we recognize rent expense on a straight - line basis over the lease term.

The leases include certain lease incentives, payment escalations and rent holidays, the net effect of which is being recognized as a reduction to rent expense such that rent expense is recognized on a straight - line basis over the term of occupancy.

«COR is simply enforcing the terms of its commercial lease, under which FSMC took occupancy of a newly completed building and has admittedly failed to pay any rent for over two years,» said COR spokeswoman Maggie McKeon Truax.

Re: REITs: Most leases have rent esclation clauses that increase the rent over the course of the lease term (ex: a tenant in mall might lease space for 10 years with the rent increasing 2 % per year to cover inflation expectations for the landlord).

Buyers of those houses failed to appreciate — or their solicitors failed to advise them — that a starting yearly ground rent of # 100 might sound reasonable enough, but were it to double every 10 years over the course of a 999 - year lease, the exponential function means that in 50 years» time, the yearly rent would reach # 3,200; in 100 years, # 102,400; and by the end of the term of the lease, many millions of pounds per year.

It takes maybe 4 - 10 hours of lawyer / paralegal work plus the cost of making arrangements to physically remove the tenant's possessions from the premises, if there is no bona fide dispute over the end of the lease term or the fact that rent is owed.

Medical tenants also tend to have good credit and leases that provide for rent growth over the term of the lease.