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Property

Sub Leasing

Subleasing is a legal arrangement where the original tenant of a property is allowed to rent out a portion or the entire property to another tenant. This right is usually specified in the initial lease agreement and requires approval from both the landlord and the primary tenant. This allows the primary tenant to earn additional income and share the responsibility of the property with the subtenant. It is important to carefully consider the terms and conditions of subleasing before entering into any agreement.

High point loading

Imagine a building, where the floor is carrying an abnormal amount of weight at one specific point or multiple points. These are known as heavy floor-load concentrations. In...

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Security deposit

When entering into a lease agreement, it is important to understand the concept of a security deposit. This is a lump sum payment made to the landlord at the start of the le...

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Fitouts

In the world of finance, it is important to understand the concept of interior permanent furnishings in relation to property. These furnishings include elements such as HVAC...

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Anchor tenant

In the retail industry, anchor stores play a vital role in attracting shoppers to a shopping center. These are typically large department or variety chainstores, strategical...

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