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Toronto Leasing Information - Administration Fee

Fees required by the landlord for providing services require careful consideration.

Obviously, there are many points, which must be covered in lease negotiations. It is our opinion that the landlord should be responsive to the tenant's legal issues as long as those issues do not do one of the following:
- Interfere with the owner's ability to sell the building or lease the balance of the buildings
- Interfere with the owner's ability to obtain financing for the building
- Interfere with the landlord's abilities to collect rents
- Interfere with the landlord's ability to operate the buildings
- The legal issues are inconsistent with the business terms of the proposed transaction.

The Six Step Approach
Step 1: Analyze Requirements
Step 2: Analyze the Market
Step 3: Identify Opportunities
Step 4: Goals and Objectives
Step 5: Develop Strategy
Step 6: Execute Strategy

Key Issues in a Lease
A Tenant's Perspective
Non-Disturbance and Memorandum of Lease
Tenant's Rights to Make Repairs
Assignment and Subletting
Abatement of Rent When Tenant Is Prevented from Using Premises
Quality of Construction-Standard for Maintenance, Repairs & Operations
Definition of Fair Market Rental Rate
Default by Tenant
Operating Costs, Taxes & Utilities
Tenant's Indemnification
Administration Fee

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