Renting space in shopping centers can be a lucrative business. Part of the rental process is passing on common area maintenance costs. An Orange County entrepreneur looking to become a landlord to retail establishments and restaurants needs to understand what...
Landlord / Tenant
A commercial tenant shouldn’t hesitate to check out a landlord
When looking for a space in which to operate a business, a California entrepreneur expects property owners to check him or her out. Background checks that include criminal, rental and financial histories are fairly commonplace these days. What a commercial tenant may...
Insurance is an important part of being a landlord
Orange County property owners choose certain locations in order to maximize their investments. After making sure that a particular property is attractive to potential tenants, a future landlord needs to protect it. This means obtaining the proper insurance...
Attracting a commercial tenant may require some concessions
Property owners and developers here in Orange County could find themselves hunting for renters at times. During these times, landlords could need to "sweeten the pot" in order to keep their properties full. This often means making concessions to a prospective...
Key differences between a residential and a commercial tenant
Like many other states, California views matters differently when it comes to renting property to an individual as opposed to a business. Individuals are given certain protections that a commercial tenant would not receive. Before renting a commercial property, it...
Zoning issues a potential commercial tenant may watch for
Finding the right property to rent can present a struggle to some business owners. In addition to the ordinary concerns a potential commercial tenant may have, other issues could require close attention. This could be true for zoning issues that might prevent a tenant...
When a commercial tenant and landlord don’t get along
You may believe that since your lease outlines all of the rights and responsibilities of the parties, that everything will be smooth sailing. After all, you spent a significant amount of time negotiating it, so everyone should live up to his or her...
A commercial tenant may want to review operating expenses
Accepting the first draft of a lease would probably be a mistake in most cases. Instead, a California commercial tenant may want to review the terms to make sure they are fair. One of the places where a budget for retail space could be busted is in the operating...
The primary risk of a triple net lease for a landlord
Renting out commercial space can be a profitable venture for California entrepreneurs. As part of the leasing process, a landlord will need to choose the type of lease to use. When choosing a triple net lease, it would be a good idea to make sure that certain...
A commercial tenant may need to provide a personal guarantee
Signing a lease for a business space here in Orange County or anywhere else often requires more than just the renter's word for payment. Since the collapse of the real estate market, more property owners want more than just a lease to ensure they receive their money...