#0057 - 7 Red Flags That May Indicate the Need for a Lease Compliance Review

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Player FM과 저희 커뮤니티의 Jan Gibbons 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

Red flags. They are everywhere in life. An email shows up with a suspicious link. A call comes in trying to sell you a car warranty (do they know I drive a 10-year old car with 110,000 miles on it?). On today's episode Bob and Jan discuss red flags when it comes to your commercial real estate lease and what to do about them.

Today's topic aligns closely with a podcast we had two weeks ago regarding operating expenses - the bane of a tenant's life! Most of these red flags tie directly back to operating expenses in one way or the other.

  1. A significant jump in operating expenses (also known as additional rent).
  2. Change in property ownership/property management.
  3. Building undergoing capital improvements or renovations.
  4. Your lease is commencing/expiring.
  5. Sizable shifts in building occupancy levels.
  6. No or unlimited backup supplied to annual reconciliation statements.
  7. Building or landlord is in financial straits.

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