leasing commission

leasing commission

See commission.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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In addition, he worked at the Commission on Federal Paperwork and the Interior Department's Coal Leasing Commission.
475, F.S., to create the "Commercial Real Estate Sales Lien Act" and the "Commercial Real Estate Leasing Commission Lien Act," respectively.
Appraisers and many real estate market participants have historically advocated that an "as is" market value is calculated by deducting rent loss, leasing commission and property/tenant improvement costs from the "as stabilized" market value.
Some of the troubling trends S & P noted include: deteriorating underwriting and origination standards for commercial mortgage loans; relaxed requirements for capital expenditures, tenant improvement and leasing commission reserves; an increasing number of loans that are either interest-only for their entire terms or have some periods of interest-only before amortization begins; loans with debt service coverage (DSC) below 1.0x that lack adequate upfront interest reserves; loans secured by esoteric collateral; and construction loans.
Salaries and employee benefits expense was up due to an increase in leasing commission expense as a result of higher lease financing revenues.
He did include a 3% leasing commission to reflect stabilized leasing costs.
Leasing commission and service fee revenue growth of 17.5 percent in the first half of 2014 was driven by strong performance advising clients across property sectors.
Appraisers and many real estate market participants have historically advocated that an "as is" market value is calculated by deducting rent loss, leasing commission, and property/tenant improvements costs from the "as stabilized" market value.
The trends include deteriorating underwriting and origination standards for commercial mortgage loans; relaxed requirements for capital expenditure, tenant improvement and leasing commission reserves; an increasing number of interest-only loans or loans with interest-only periods appearing in pools; and relaxed adherence to structural and legal safeguards.
Allocating funding for tenant improvement costs or leasing commission expenses is essential as is having an exit strategy for the property.
When the appraiser is gathering comparable rental data, he or she should ascertain if the rental rate discussed has been adjusted for leasing commissions. A leasing commission in the billboard industry is referred to as an agency commission.