Good morning, welcome back to Word or the Week Wednesday! Let’s look at paid in arrears. Paid in arrears is a payment for services, such as utilities, after the services have been used, rather than paying for a service in advance. Fun fact: In Florida, real estate taxes are paid in arrears, while most insurances require payment in advance for the following period.
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Happy Veterans Day!
Commercial Partners Realty wishes everyone a Happy Veterans Day! We would like to extend our gratitude to our veterans and others who have served, past and present.
CRE WORD OF THE WEEK
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.
CRE WORD OF THE WEEK
Good morning, Here’s another Word of the Week Wednesday! Let’s look at income approach. Income approach is a type of appraisal method that allows investors to estimate the value of a property based on the income the property generates. One method is calculated by dividing the net operating income by the capitalization rate.
Commercial Partners Realty Represents Buyers in Skyway Marina District and Wesley Chapel.
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CRE WORD OF THE WEEK
Good morning, it’s Word of the Week Wednesday again. Let’s take a look at full-service lease. A full-service lease is a lease that has an all-inclusive rental rate which includes both the base lease rental rate, utilities, janitorial costs and the operating expenses combined into one amount.
