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• Archive: Format:Audio Only Description Commercial leases are complex financial documents.
• There are issues of tenant improvement allowances, how that money is spent by tenants to improve the property, and how the landlord recovers that allowance, in the form of rent, over the term of the lease.
• There are issues of “CAM,” common area maintenance expenses, that are allocated among tenants.
• There are issues of rent escalators provisions through the term of the lease.
• There may also be the fundamental issue of whether the lease is triple or double-net or gross, and what that means from lease to lease.