Home | Business News | Browse by Publication | M | Mississippi Business Journal

Clear leases, communication works best for tenants, landlords.

Publication: Mississippi Business Journal
Publication Date: 30-JUL-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Clear leases, communication works best for tenants, landlords.(PLACES & SPACES: The Tenant's Guide 2007-2008)

Article Excerpt
Most businesspeople have probably heard about commercial tenant nightmares. The tenant trashes the place and leaves owing several months rent. On the flip side, some tenants have problems getting landlords to respond in a timely manner to maintenance problems.

What can be done to avoid conflict between business tenants and their landlords, or resolve problems if they arise?

There are always issues that pop up, said Hugh Johnson, broker associate-property manager for J. Walter Michel Inc., which manages 23 buildings around Jackson.

"You try to handle them the best you can," Johnson said. "Most of the time the issues are minor. But occasionally there are major items or what tenants think are major items. The key to it is having a good management team and maintenance people. We have great maintenance people on call 24-7. If something occurs, they take a look at it as quickly as possible. You have to jump on problems quick. The tenants...

Access Full Article, Compliments of Goliath



More articles from Mississippi Business Journal
Late-summer sod sales plummet., September 03, 2007
SBA taking nominations., September 03, 2007
Realtors across country funding Coast rental property repairs.(Focus: ..., September 03, 2007
IRS warns of new e-mail scam offering cash for participation in 'Membe..., September 03, 2007
At issue: subprime mortgage failure or Wall Street meltdown?(Focus: Re..., September 03, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.