Load Letters

U 800 450 Leasing REality | Commercial Real Estate Education

U

Unamortized Cost: The actual cost of an asset or concession less the depreciation or amortization of such item, generally on a straight line basis (e.g., landlord’s work and/or a brokerage commission,…

read more
L 800 450 Leasing REality | Commercial Real Estate Education

L

Land 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 more