It’s Word of the week Wednesday! Let’s look at letter of intent or LOI. This letter helps property owners/landlords
and buyers/tenants negotiate important information for a property of interest before completing a final binding contract.
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Recent Commercial Partners Realty’s Real Estate Deals.
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Good morning and welcome back to Word of the Week Wednesday! Let’s look at Offering Memorandum; a presentation that provides the most prospective buyers with detailed information about a property on the market. This presentation would include building description, demographics, summary of property’s history and more.
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It’s Word of the Week Wednesday! Let’s take a look at clear height. Clear height is the height of a building starting from the ground floor to the bottom of the lowest hanging item on the ceiling. Hanging items include sprinklers, lights, structural beams, etc.