Repairs and Maintenance It is important to check a building thoroughly before you buy to ensure you fully understand the condition of it. Repairs and maintenance can be a lot higher for a commercial building. Operating expenses With commercial leases, the tenant pays the operating expenses. The operating expenses are usually, but not limited to; rates, building insurance and water costs. There could be other costs as well and these will be discussed at the time of writing the lease. With residential property the landlord pays for rates and insurance. B U Y E R C H E C K L I S T
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