Commercial Education

Module Four: Commercial Leasing: Retail, Office, Industrial

• impact of the Commercial Leasing function on real estate values
• characteristics of a proper location, building and the details of the premises
• tenants and landlords requirements
• commission on a typical lease transaction
• percentage rent, net rents, landlord’s operating costs and net effective rents
• rent, taxes and operating costs, commission, deposits and GST
• inducements, leasehold improvements, relocation costs and GST on the lease transaction
• BOMA measurements as applied to Commercial Leasing
• Lease Listing Agreement
• Letter of Intent and Offer to Lease
• elements of the lease document

Next step: Module Five - Business Brokerage & Business Marketing