Black's Office Leasing Guide

Black's Office Leasing Guide

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Absorption: The rate at which land or buildings will be sold or leased in the marketplace during a predetermined period of time, ... Example: The buyer informs the seller before the closing date of his or her intent not to buy. ... To agree to recognize a new owner of a property and to pay him rent. See also Letter of Attornment Base Rent: A set amount used as a minimum rent in a lease which also employs aanbsp;...

Title:Black's Office Leasing Guide
Publisher: - 1991


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