19 Commercial & Incestment Properties I Flashcards
1
Q
Amenity purchaser
A
wants specific typr or location for his businesse
2
Q
Sale/leaseback
A
build and sell with long lease cash back
3
Q
Breakout point in percentage lease
A
retail sales level % starts
4
Q
Ground lease or land lease
A
long with lessee to build
5
Q
Attornment
A
protects tenant establishes tenancy with new owner with same terms
6
Q
Estoppel certificate
A
protects landlord acknowledging agreed upon terms for new owner
7
Q
Rentable square feet
A
gross sq ft
8
Q
Usable sq ft
A
net sq ft
9
Q
Loss factor and Building efficiency
A
% wasted loss factor also called the load
10
Q
triple net lease also called
A
absolute net lease
