Analyze the property options available to you and Sally in establishing the location and type of agreement that best fits your long-term goals. Sally received the transaction documentation from the Broker to facilitate a review of the offered terms and proposed agreements that the Broker would use to complete the deal.
Review and complete the following agreements using all of the facts available and your understanding of the three transactions presented in this case study.
You are required to complete:
Contract for Sale of Commercial Property.
Commercial Lease Agreement.
Triple Net (NNN) Lease Agreement.
Redraft clauses, fill in missing information, change terms, or add clauses to match the terms and conditions of your deal. Make a list of issues that you will discuss with the broker to argue more favorable terms in all the revisions you have made. You will need this list in the next Assignment.
To analyze the property options available, you request documentation from the broker to review the terms offered. The broker provides you with the following for information and general reference: