This is the employment status of a particular individual who works for 35 or more hours per week...
Author - Richard Wilson
Contingency
This is a contract clause detailing that in the event of a specific circumstance, some or all of...
Base
In reference to leases, base refers to a face, quoted, dollar amount illustrating the rent or rate...
Design/build
Also known as construct/design, this is a system wherein a single entity is in charge of both the...
Ceiling Height
This is the vertical distance between a room's finished ceiling and the finished floor. It is...
Base Rent
Typically a fixed amount, the base rent is the asking price for the space itself. It does not...
Delivered
Delivered is a term used for a building that has concluded its construction. The property will be...
Breakpoint
The breakpoint or percentage rate is a kind of lease wherein the rental charge is based on the...
Clear title
This is a land title without any kind of lien or levy against it in which no creditors or other...
Contract of sale
Also known as a sales contract, sales order, or a contract for sale, this is a legal contract...
