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Updated over 3 years ago,
[Help] Small Commercial Strip Mall - Canada
Hey BP,
My parents own a small strip mall (5 smaller units) and have been having issues making this a passive investment. My first thought is they do not set standards very well and their lease is most likely very weak.
My question is if anyone has a template lease and wouldn't mind outlining important factors (ie late fees, maintenance, and standards).
Thank you!