All Forum Posts by: Karisa M.

Which phone service provider are you using for your fire monitoring system? AT&T wants an arm and leg for two phone lines. Thanks!

I'm following this thread and was wondering how or if views change for retail tenants? All my tenants are retail and although they haven't asked for rent relief yet, I am expecting it. What would you do?

Hello! 

Has anyone heard of charging a fee to the owner for assisting in a refinance? The fee would be for providing the lender with documents, collecting estoppel certificates from tenants, meeting and assisting the appraiser, etc. If so, what would be a fair fee? This is outside of the property management agreement.

Thanks!

Restaurant tenant wants to sell its business and assign its lease to a person living in a different city. Is the potential new tenant's physical location a valid reason for the landlord to reject the assignment?

Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is paying a monthly CAM fee (which includes property management fees) and the property management company is charging 5% of gross income (which includes CAM), is the tenant being double charged? Even if so, is this standard?

Did you end up charging 6% of gross income, including CAM? I have the same question. 

Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is paying a monthly CAM fee (which includes property management fees) and the property management company is charging 5% of gross income (which includes CAM), is the tenant being double charged? Even if so, is this standard?