Luckily this is a brand new build.

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Sep 11, 2024
3:46:43pm

mudpupper All-American

Luckily this is a brand new build.

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mudpupper

Bio page: mudpupper
Joined: May 13, 2003
Last login: Nov 10, 2024
Total posts: 44,075 (150 FO)

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Messages

Author

Time

Negotiating a commercial lease agreement. Who should pay for HVAC repairs?

mudpupper

Sep 11, 2:46pm

Is it a triple net lease?

Sep 11, 2:48pm

Yes, but that only covers shared resources on the property.

mudpupper

Sep 11, 2:52pm

Triple net usuallly leaves almost everything mechanical on the tenant. Sucks

kotacoug

Sep 11, 2:54pm

But tenant shouldn't agree to that if it's an old unit.

Plato

Sep 11, 3:06pm

Luckily this is a brand new build.

mudpupper

Sep 11, 3:46pm

Yes, it's normal now. 10 or 15 years ago, almost all commercial leases said the

BYUMizzou

Sep 11, 2:50pm

I'm also seeing more and more commercial leases that make the tenant responsible

BYUMizzou

Sep 11, 2:56pm

BM Endocoug

Sep 11, 2:54pm

Figure out what shape it's in

Gustav

Sep 11, 3:42pm

That actually sounds like a pretty good deal. You could try to add in that the

misterpepper

Sep 11, 5:10pm

Some triple net leases will make the tenant 100% responsible even for replacing

Gente_Boa

Sep 11, 6:34pm

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