Download Our Free Commercial Real Estate Lease Terms Glossary
Exculpation clause. Ad valorem taxes. Consumer Price Index adjustment. Natural breakpoint. Commercial real estate leases have their own unique, purposeful and colorful language, established by generations of CRE professionals over the course of countless commercial real estate projects and transactions of every type, size and complexity imaginable.
As is the case with many industries, in order to thrive in the challenging, fast-paced, high-stakes world of commercial real estate, one has to know how to speak the language fluently and with confidence. This is true regardless of which area of commercial real estate you work in or aspire to work in, such as commercial real estate development, property or portfolio management, or lease administration and abstracting. Knowing and understanding commercial real estate lease terms– both the common and often-used and the more obscure—is an essential skill that will help you over the entire course of your real estate career.
While developing a mastery of commercial real estate lease terminology will take some time and effort on your part, Realogic can help you get off to a strong start. Our experienced team of commercial real estate consultants has assembled a glossary of over 140 commercial real estate lease terms. Our glossary is the perfect resource for anyone relatively new to commercial real estate who wants to learn the language of the industry, or for those who have worked in the industry for a while, but now want to brush up on their commercial real estate lease terms.
Regardless of where you are in your commercial real estate career—student, newcomer, industry veteran, somewhere in the middle—Realogic’s comprehensive commercial real estate lease term glossary is a valuable and essential reference tool. Print a copy, keep it handy and the next time you’re in the midst of a big, important project with a tight deadline and come across a commercial real estate lease term you’re unfamiliar with, look it up in our glossary. Odds are it will be in there.
We at Realogic recognize that the commercial real estate industry benefits as a whole when all of us who work in it are equipped with the tools and resources we need to do our jobs well, so we are offering our glossary of commercial real estate lease terms free to anyone who wants it. You can download a copy from the Resources section of our website by clicking here.
Also, for anyone looking to learn new commercial real estate skills or take their current real estate skill set to the next level, Realogic offers a number of commercial real estate training courses taught by our best-in-class real estate consultants. We can teach you how to read and abstract commercial real estate leases or model buildings in Excel or Argus Enterprise—valuable skills that can take you far in this industry. To see a full list of the commercial real estate training classes we offer, click here.
By Terry Banike, Marketing Manager, Realogic