the landlord examining sales for percentage rent

What is percentage rent?

Percentage rent is a leasing arrangement commonly used in commercial real estate. In this arrangement, a tenant pays a base right rent along with an

Read More »
A Lease Rider

What is a lease rider?

A lease rider, a crucial element for a franchisor, is an addendum to a commercial lease. For franchisors, ensuring their franchisees secure favorable lease terms

Read More »
Exercising an option under ASC 842, Deciding if you should exercise an option

Am I Reasonably Certain to Exercise an Option under ASC-842? How to Know

Exercising an option under ASC 842, which is the accounting standard for lease accounting in the United States, depends on various factors. ASC 842 requires organizations to recognize lease assets and liabilities on the balance sheet. This includes guidance on how to account for these leases. How can you be reasonably certain to exercise an option?

Read More »

Free Rent Is Not A Free Ride

Free rent, or rent abatement, is common in many commercial office leasing and retail property transactions. Landlords offer free rent to entice tenants to sign

Read More »
Lease Abstract, as abstract art

What is a Lease Abstract?

A lease abstract is a concise, easy-to-read summary of the lease agreement. An abstract is an easy way to relay information to your team. An

Read More »