What exactly is Chicago commercial landlord services responsible for? A lot of what a Chicago commercial landlord service is responsible for really comes down to the lease. This video lays out leases, and how they determine a commercial landlords responsibility.
The video goes through the various lease types and explains in detail who is responsible for what. For example, a full-service lease puts all the responsibility on the landlord for just about all of the property maintenance.
Understanding the different types of lease agreements and how they affect the landlord’s responsibility is important for both tenants and owners. Novice owners often make some critical mistakes with their lease agreements.
On the flip side as a novice tenant there are some lease types that can leave the tenant completely responsible for the upkeep and even for a share of the property taxes. This video will clarify any confusion about who is responsible for what based on the lease agreement type.
This very important information can shed some light on why some landlords are less responsible for their property than others. Both tenants and owners can benefit from this information. Watch this video to learn about Chicago landlord responsibilities and how setting up the right lease can affect those responsibilities.