The Leases in Multiple-Unit Commercial Developments Commonly Permit the Landlord

question 116

Short Answer

The leases in multiple-unit commercial developments commonly permit the landlord to allocate to the tenants various common area and general costs such as property taxes, janitorial services, security services, and snow removal. These costs are usually prorated on the basis of the floor area leased to each tenant. Granny's Chicken, Toys 'n Novelties, and Pine Tree Pharmacy are the three tenants in Pine Tree Square. They lease 172 square metres, 136 square metres, and 420 square metres, respectively. How should common costs totalling $9,872 for the past year be allocated?

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Definitions:

Dermis Layer

The dense layer of vital tissue situated beneath the epidermis, constituting the real skin and encompassing sweat glands, hair follicles, and additional elements.

Major Tissue Types

The four fundamental types of tissues in the body: epithelial, connective, muscle, and nervous tissue, each with distinct structures and functions.

Chickenpox

A highly contagious viral infection characterized by an itchy red rash, often seen in children and sometimes adults.

Blister

A small pocket of body fluid within the upper layers of the skin, usually caused by friction, burning, freezing, chemical exposure, or infection.