Examples of Commercial landlord in a sentence
Common Law - Commercial landlord duty to maintain premises Under common law, a tenant who has exclusive possession and control of a premises, absent an agreement to the contrary, is responsible for the maintenance and repair of the premises.
To claim vacancy relief, a Commercial landlord must prepare and submit a Commercial Property Tax Allowance Claim form (see Appendix B) to the City within 30 days of the last day of each quarter of the taxation year.
Commercial landlord John Critzos, II appeals an order of the Circuit Court for Anne Arundel County granting judgment in favor of his former tenants, David and Carolyn Marquis, appellees.
For the purposes of this section, the following terms have the following meanings: Commercial landlord.
Commercial landlord will audit expenses for past year and any overpayment or underpayment will be made up at the beginning of next year.Percentage Lease - rental with a monthly base amount (usually less than other tenants per square foot) plus percent of gross sales of lessee; used in mall especially for but no longer restricted to anchor tenants such as department stores.Lessee pays monthly base rent of $1,200 plus 2 1/2% of annual gross sales over $150,000.