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Negotiating a Commercial Lease

Real Estate Brokerage Chapter 7
Horizontales
Gives users remote access to data and documetns through a web browser
A federal law enacted to eliminate discrimination against people with disabilities in employment, public accommodations, government services, public transportation, and communications
Refers to an office that can exist anywhere, including on the internet, or where people can use techonology
A lease, commonly used for retail property, whose rental is based on the tenant's gross sales at the premisesl it generally stipluates a base monthly rental plus a percentage of any gross sales above a certain amount
Used when a tenant wants to purchase the property but is not yet able to do so
A provision in which the mortgagee agrees not to terminate the tenancy of the lessee(s), so long as the lessee is current in payment of the required rent, should the mortgagee foreclose on teh mortgagor's building
The tenant pays a fixed rent and some or all of the utility expenses, while the landlord pays all taxes, insurance, repairs, any other utility expenses, and maintenance connected with the property (usually called property charges or operating expenses)
A written or oral contract between a landlord (the lessor) and a tenant (the leessee) that transfers the right to exclusive possession and use of the landlord's real property to the lessee for a specified period of time and for a stated consideration (rent)
The leasing of premises by a lessee to a third party for part of the lessee's reamining term
The transfer in writing of interest in a contract, mortgage, lease, or other instruments
The ownerof real estate or landlord
Verticales
Office design that resembles the corral or bull pen arrangement that has been used for a number of years in the real estate industry
A tenancy whereby a leasee retains possession of leased property after the lease has expired and the landlord, by continued occupancy
A lease of land only, on which the tenant usually owns a building or is required to build his own building as specified in the lease
The tenant is required to pay the net amount for 3 types of costs; net real estat taxes on the leased property, net building insurance, and net common area maintenance
A clause in a lease that grants the lessee the privilege of renewing the lease
A clause in a lease that grants the lessee the option to purchase the leased premises
The tenant
A reservation system without a fee where a salesperson can reserve a workstation for the desired time or in another office site that has availability
The agency that regulates the workplace enviroment