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Updated about 9 years ago on . Most recent reply

Khaled Seirafi's profile image
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Khaled Seirafi
  • Investor
  • from Orange County, CA
  • Member since Apr 14, 2015
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Khaled Seirafi's profile image
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Khaled Seirafi
  • Investor
  • from Orange County, CA
  • Member since Apr 14, 2015
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Khaled Seirafi
  • Investor
  • Orange County, CA
29
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125
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Commercial Real Estate Investing

CA Comm Tenant - Share of Fire & Earthquake Insurance

Khaled Seirafi
  • Investor
  • Orange County, CA
Posted

Hi all,

I'm helping my parents to draw up a new lease for an existing commercial tenant of ours as his lease ends at the end of the month. The unit is in a mixed residential and commercial building in California. 

Would it be reasonable to require the tenant to pay a share of the building's fire and earthquake insurance? 

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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

Look up Triple Net Lease (NNN) and the things that get pushed to a Commercial Tenant.

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