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Commercial Property Rent Review

Article Contributed by Michael Lever When negotiating a commercial property rent review for market rent and researching comparable evidence, to focus on physical characteristics and devaluation (analysis) of other premises and their rents without evaluating the provisions of the respective leases can lead to the wrong conclusion.  A lease is a commercial contract between a particular landlord and a particular tenant. In isolation, subject to any overriding legislation, the parties can agree whatever they like in documentation. It is only…

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