FAQ Cat: Questions

You will receive a monthly statement showing what is currently owed and the amount due for the following month.

All snow removal is included within your monthly rent.

Trash removal from the property is included within your monthly rent. Cleaning and trash removal from your space to the property’s trash facilities is the responsibility of the tenant.

If you need more space before the end of your lease, DCG Development Co. will work with you to find a larger space in a DCG property and negotiate a new lease, without penalty for the early termination of your original lease agreement.

The date that the Landlord provides Tenant access to the space prior to commencement, typically when there is construction required for the purpose of preparing the space for occupancy.

Date Tenant takes possession of the premises, which is typically the same day that the Tenant begins paying rent for the space.

The dollar amount that Tenant agrees to pay for possession and use of the premises. The rental rate is typically calculated on a per square foot basis by month or year and is typically quoted as a gross amount or as an amount net of operating expenses such as common area maintenance (CAM), taxes and insurance. For example, rent may be quoted at $20 per square foot triple net (NNN) per year with operating expenses totaling another $10 per square foot per year. Rent could also be quoted at $30 per square foot gross per year with no additional charges for operating expenses.

Landlords typically treat operating expenses and real estate taxes either as an inclusion in the gross rental rate or as an additional cost to Tenant to be determined by the Tenant’s proportionate share of the building they occupy. If Landlord charges Tenant for operating expenses and taxes as an additional cost to Tenant, these costs may increase annually due to tax and other price increases for the Landlord to operate the building.

This is an agreement by Landlord to provide Tenant the exclusive right to lease space beyond the original lease term for a pre-arranged term and amount.