Paterson Leasing Information - Administration
Fee
Fees required by the landlord for providing services
require careful consideration.
Obviously, there are many points, which
must be covered in lease negotiations. It is our opinion that the landlord
should be responsive to the tenant's legal issues as long as those issues
do not do one of the following:
- Interfere with the owner's ability to sell the building or lease the
balance of the buildings
- Interfere with the owner's ability to obtain financing for the building
- Interfere with the landlord's abilities to collect rents
- Interfere with the landlord's ability to operate the buildings
- The legal issues are inconsistent with the business terms of the proposed
transaction.
The Six Step Approach
Paterson Leasing: Step 1: Analyze Requirements
Paterson Leasing: Step 2: Analyze the Market
Paterson Leasing: Step 3: Identify Opportunities
Paterson Leasing: Step 4: Goals and Objectives
Paterson Leasing: Step 5: Develop Strategy
Paterson Leasing: Step 6: Execute Strategy
Key Issues in a Lease
A Tenant's Perspective
Non-Disturbance
Non-Disturbance and Memorandum of Lease
Tenant's Rights to Make Repairs
Assignment and Subletting
Abatement of Rent When Tenant Is Prevented from
Using Premises
Quality of Construction-Standard for Maintenance,
Repairs & Operations
Definition of Fair Market Rental Rate
Default by Tenant
Operating Costs, Taxes & Utilities
Tenant's Indemnification
Administration Fee