Security Deposits: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 10)
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read moreTheory #2 The Snagglepuss, Groucho Marx, The Clash & Steve McQueen Great Escape Theory Previous ChapterTable of ContentsNext Chapter Much as one needs to have an exit strategy in life,…
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read moreSale-Leaseback: A real estate sales transaction in which the owner of a property sells the property to a buyer, and after the closing of title to the property, the seller…
read moreLand Lease: See “Ground Lease.” Landlord Approval | Landlord Consent: A situation in which a tenant must get the permission of landlord before proceeding with its course of action. Generally, situations…
read moreGenerally Accepted Accounting Principles (GAAP): The common set of standards, rules, procedures, and principles accepted by professionals in the accounting industry. This framework has been adopted by most publicly traded…
read moreCapitalization Rate (a.k.a. “Cap Rate”): The rate of return on a real estate investment property based upon the income that the property is expected to produce. A capitalization rate can…
read moreBase Rent: Base Rent is the minimum or base amount of rent payment as set out in a lease and is often referred to as “fixed rent.” Generally stated, base…
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