Training

Common commercial lease types include gross leases (fixed rent), net leases (tenant pays some expenses), modified gross leases (tenant pays some expenses, landlord others), and percentage leases (rent based on sales).

Common conditions for a commercial purchase offer include inspection contingencies, financing approval, title review, zoning compliance, environmental assessments, and approval of lease agreements (if applicable).

Yes, in Ontario, Canada, there's the Landlord and Tenant Board (LTB) which handles disputes between commercial landlords and tenants regarding lease agreements, rent increases, and other related matters.

Cap Rate, or Capitalization Rate, is a measure used in real estate to evaluate the potential return on investment. It's calculated by dividing the net operating income by the property's current market value.

To finance commercial properties, options include traditional banks, credit unions, private lenders, and government programs. Requirements typically involve a solid business plan, financial statements, and collateral.

A sale of business is valued based on factors like revenue, profit, assets, market conditions, growth potential, industry trends, and comparable sales of similar businesses.