Where can I learn about renting out commercial buildings?
We are building an espresso shop/deli building (or it could be offices, etc.). We have a ready, willing and able tenant that very much wants to move into the spot BUT we're unsure what is our responsibility and what is his. We are prepared to provide a "finished" building, meaning a tiled floor, painted sheet rock, trim, basic lighting, standard and 220 electric outlets, windows, doors.
Anyway, where can I learn more about responsibilities of landlord and tenant in a commercial situation. I think you might call this a "build to suit" lease.
We want to make sure that everything is buttoned up and there are no loop-holes. Just in case... Appreciate any insights.
Contact your state real estate commission, and ask them for the training material the realtors use. There is a book called principles of real estate that is great. It covers all the legal and ethical resposibilities of each party.
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