Hi everyone this is Peter Harris from commercial property advisors comm and co-author of this book commercial real estate investing for dummies as well as coach and mentor to many commercial investors all across America the subject and title of today's video is called the master lease agreement for commercial real estate so let's get started the master lease agreement is probably my one of my most favorite ways to buy commercial real estate especially if you have no experience you have no credit you have a very small down payment but most of all you don't want to do banks and it works with apartments with office buildings with with strip centers with mobile home parks it was sub storage so pretty much anything commercial where is income involved the master lease agreement will most likely work one of the most famous master lease deals you ever come across is New York's Empire State Building now that building that particular building has a current master leases over a hundred years old and here's how it happened the original owner sold it to Prudential Insurance Company person came along in 1961 and offered Prudential a one hundred and fourteen year master lease agreement where they will pay Prudential two million dollars per year back then else a lot of money so Prudential signed off on it and they went into agreement with this new investor fast forward till today the payments are still two million dollars but the income is six million dollars so do the math six million dollars in income every year with two million dollars in payments that's a four million dollar profit per year so that is still ongoing today all right so that's probably the most famous mass release agreement deal you're probably ever going...
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Florida Residential Lease Agreement 2022 Form: What You Should Know
Many lease agreements are the same or closely similar to the following: In addition to providing a summary of each party's obligations under the lease, lease agreements help prevent misunderstandings. A tenant has to understand the landlord's agreement with the tenant before a tenant enters into a rental agreement. The Florida Lease Agreement Generator produces the lease agreement template to help landlords to create a valid lease agreement for a property. The template includes a summary of all required documents for a Florida rental lease. It includes a summary of a property's condition, rights and obligations, a description of the terms of the lease. All that is needed to send an form to Florida's Department of Management Services is the form number of the Florida lease agreement generator, a paper copy of the relevant Florida landlord-tenant agreement (see link to the top of the page), and a completed online form. Download and Printable Florida Lease Agreement Generator Form (9) Filing and Filing Complaint — Florida DEP't of Manage Filing a Florida Complaint — Office of the Secretary of State If the tenant vacates the property more than 30 days after a Notice was sent to the tenant or the Florida Department of Management Services issues a Notice to Quit, the Florida Department of Management Services may bring a case against the tenant in the Superior Court. In Florida, the landlord/tenant relationship is established by both parties agreeing on a “Rent and Use Agreement” in form and substance, called a lease, and signing and entering into it voluntarily. The lease is the legal document that sets out the rental terms, the rights, and obligations of both parties. The lease does not have to be an English language lease. The most common Florida leasing scenarios are: • “Lease to Run”: a lease that extends for at least 10 years and is renewed at the prescribed rate for that term. • Lease for Tenancy in Common: leases whereby the parties share the use and possession of the rental premises, and the only common property is the walls and ceiling. • Lease for Occupancy: leases whereby there are limited exceptions for temporary or seasonal use, such as vacations or conventions. • Lease for Personal Property: a lease whereby the property being leased is subject to the possession and control of the tenant.
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Instructions and Help about Florida Residential Lease Agreement 2022