Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Commercial Lease: Who pays?
I recently closed on a property in San Antonio. Half of it is a commercial property...a bakery. My insurance company is requiring a few different repairs. One is "clean the cooking equipment ventilation ductwork". I'm currently working on a lease for these tenants as they were month to month with the previous owner. I was wondering if anybody has experience with restaurants. What's fair/standard for the tenant to pay for and what should the building owner pay for?
Any advice or information would be great! Thank you.