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Many commercial RE contracts require the rents to be paid for set periods regardless of whether the lessee still occupies the site.
by MrFantastic 9y ago
Many commercial RE contracts require the rents to be paid for set periods regardless of whether the lessee still occupies the site.
- criddell 9y agoEven assuming the spaces are still under lease and the entity that signed the lease still exists, the lease often has a sales percentage built in. An empty site isn't good for anybody.