Lease Term Analysis
A lease is a legally enforceable contract which defines a relationship between a lessor and a lessee for the use of an asset.
There are many different types of leases, such as gross leases, net leases, cancelable and non-cancelable leases.
Common elements of a lease include:
- Names of the parties to the lease
- Duration of the lease
- Lease/rental rate
- Common Area Maintenance (CAM) and escalation terms
It is important to have an understanding of your rights and obligations under the terms of the lease. Our real estate advisors can help identify a lessor’s potential cash inflow and a lessee’s potential cash outflow.