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Lease vs licences: What’s the difference?
Understanding the differences between a lease and a licences is essential for commercial landlords. While both agreements allow another party to occupy or use a property, they have distinct legal, financial, and operational implications. A lease prov…
Lease negotiation strategies: A guide for property owners
Effective lease negotiation is essential for property owners looking to secure stable rental income and maintain positive tenant relationships. Understanding what is lease management and leveraging the right tools can streamline this process, ensurin…
Understanding landlord responsibilities for structural repairs in commercial leases
Managing a commercial property comes with a range of responsibilities, particularly when it comes to structural repairs. As a landlord, knowing where your obligations begin and end can help prevent disputes, protect your investment, and maintain stro…
Top four challenges in industrial property & equipment management
Managing industrial properties comes with a unique set of challenges, particularly in a market that has faced economic uncertainties in recent years. Like the broader commercial property sector, industrial real estate has felt the impact of high infl…
What is retail space management?
Retail space management is the art and science of using physical space effectively to maximise efficiency, enhance customer satisfaction, and drive profitability. It’s what helps retailers organise their stores in a way that attracts shoppers, boosts…
How commercial real estate lease administration software simplifies operations
In commercial real estate, lease administration can be a complex and time-consuming process, especially for businesses managing multiple leases and properties. MRI Software’s commercial property management software brings a powerful solution to these…
Can you sublease a commercial lease?
Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a landlord, understanding the process is essential to ensu…
What is lease administration?
Lease administration involves overseeing and managing the details of lease agreements, from negotiating terms and ensuring compliance with accounting standards to maintaining tenant relationships and managing portfolios. For businesses managing multi…