The rent roll report shows the existing revenue generated for a commercial real property and a critical component in determining the valuation an income producing asset. Many owners and lenders will first use the rent roll report to calculate the price of a property. The rent roll reports the amount of income an investor or owner can anticipate for a given period
FATS, OIL & GREASE FOG WATER CHARGE
Most water utilities, including WSSC now have a Fats, Oils, and Grease (FOG) permitting program that is strictly enforced on all food related establishments. Who would that be you ask? Well, grocery stores, restaurants, hotel kitchens and even church kitchens are just some of the establishments that discharge grease laden water and therefore subject to this fee. This fee is for any and all Food Service
COMMON AREA MAINTENANCE COSTS
In commercial leases you will inevitably hear the word CAM. What is CAM you ask? For landlords, The term “Common Area Maintenance Costs” means all expenses incurred by Landlord in maintaining, repairing, replacing, improving, operating, managing, administering and insuring the Common Areas, all facilities of the Shopping Center and all improvements within the Shopping Center, without limitation, a management fee.
FIXTURING AND RENT ABATEMENT
Fixturing period and rent abatement are terms used in the process of negotiating commercial leases that are often misunderstood. The intent of the fixturing period is to provide the tenant a time period to have access to the space and complete the construction of the tenant improvements also known as fixturing the premises. The landlord expects the fixturing period to be the period which Tenant is obligated to fixture and equip the Premises in
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