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John A.
John A.
Bradbury, SA
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Does a Commercial Real Estate Agent acting for a Land Lord have an obligation to check the financials of a tenant before leasing a property?

3 years ago

Responses

Typically not. Usually, you would ask for the last 2 years audited P&L statement for Lessor/Landlord to review and make an informed decision. Landlord would also undertake a company search. Of course bank guarantees (6-12 months ) also normal.

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