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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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Quot;Lessee's assigned proportional share of the

Customer Question

quot;Lessee's assigned proportional share of the multiple tenancy building agreed to by the Lessor and Lessee to equal 25% of the building"
I'm trying to understand what this line regarding 'Proportional Share' means exactly within the context of a lease where the leasable space is less than 25% of the building.
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Richard replied 1 year ago.

Hi! My name is ***** ***** I will be helping you today!

Can you provide me just a bit more information? I'm presuming this is a commercial lease... is that correct?