Real Estate Alliance
What is Commercial Property?
Commercial property can be defined as property that is soley used for business purposes. The fundamental difference between commercial and residential property is the fact that all commercial properties are potentially income producing while most homes are occupied by their owners .Commercial property is intended to be operated at a profit, either from capital gain or rental income.
Expert Advice
Paddy Browne Real Estate Alliance is a family run business, established in 1993 and is located at Wood Quay, Ennis, in Co. Clare. It has expanded both in physical size...
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Related Topics
- Lease renewals and rent reviews
- Leasing Commercial Property
- Capital Gains Tax
- What is Commercial Property?
Jargon Buster
Covenant
The word is used in two senses: First, in the strict legal sense, it refers to a clause in the lease requiring the tenant (or landlord) to do something or to refrain...
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