Leasing occupies its own particular corner of commercial real estate landscape, complete with specialized practitioners who represent tenants and landlords big and small. And while it’s the giant-square-footage commercial property transactions with complex clauses that make the headlines, it’s the smaller leases that make up bread-and-butter negotiations. Regardless of size, however, commercial lease agreements generally start out by building upon one of several basic formats that are then customized to meet the needs of both parties. Here’s more on basic types of commercial real estate leases such as full service, net and modified as well as their intended uses.
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