Skip to Content
Course Navigation

FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Title, Deeds And Ownership Restrictions

Section 36 of 39

Leases. "Renting Rights" When you lease property, you give up the "Right of Possession" to a tenant.Types of Leases (The Math)Gross Lease (Residential): The Tenant pays a fixed rent. The Landlord pays all expenses (Taxes, Insurance, Maintenance).Simple: You pay $3,500/month. The landlord fixes the A/C.Net Lease (Commercial): The Tenant pays a fixed rent PLUS costs (Taxes, Insurance, Maintenance).Triple Net (NNN): Tenant pays Rent + Taxes + Insurance + Maintenance. Common in standalone retail (like Taco Bell).Percentage Lease (Retail): Tenant pays a base rent PLUS a percentage of their gross sales. Example: Shopping malls. If the store makes more money, the landlord makes more money.
Rating
0 0

There are no comments for now.

to be the first to leave a comment.