Help please: question about leasing/renting a property
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[{"id": "g8599c4", "text": "In AMerica it is deposit often 1 month rent, and 1st month rent. Lease is often 1 year min.", "replies": [{"id": "g85npsa", "text": "this is what I thought it meant, I'm just not sure because of how it's worded... but thanks this helps!!", "replies": [{"id": "g85ojjy", "text": "Not sure about London. Boris J and Donald T both got Rona. In US many commercial properties are under-underutilized because of Rona's disruptions. Can negotiate a better terms. Good luck.", "replies": [{"id": "g85p24u", "text": "oh okay, so do you mean if a site hasn't been used for it's purpose for a while or is not up to standard you can negotiate terms in the US?", "replies": [{"id": "g85q458", "text": "About 30% commercial tenants are not paying full rent on time. Most work from home. No need for offices or expansion. Some paid min amount so they are protected by hardship rental law. Some vacated, others hanging in there will be evicted eventually. The law protects tenants this year.  If you have exceptional credit and resources, I will ask for discount.", "replies": [{"id": "g85q79o", "text": "amazing, thanks for the help!", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "g85abrc", "text": "They want 4.5x rent as a deposit? Seems high.   \n\n\nYou need to find a tenant rep broker/agent in your area to help you.", "replies": [{"id": "g85nsr3", "text": "yeah, I'm going to call them tomorrow morning and try to figure things out. thanks!", "replies": [], "depth": 2}, {"id": "g85xqmd", "text": "It's not a deposit. It's just a flat fee to get in the door.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g85arsz", "text": "So it looks like in the UK, you have to pay the premium when you sign the lease and then pay rent annually, so you need to come up with 65,000 up front and then you pay 14,500 per year to keep renting", "replies": [{"id": "g85o085", "text": "I thought this too but the gov.uk website is worded as if its either rent or premium, that's why i was confused... but thanks, this really helps!! Going to call the agent tomorrow and straighten things out", "replies": [], "depth": 2}], "depth": 1}, {"id": "g85d77f", "text": "You can find sites with no premium due. \u00a314,500pa seems reasonable. What's the duration?", "replies": [{"id": "g85odv8", "text": "it doesn't have a duration but it says \"renewable lease\"? thanks for the help btw!", "replies": [{"id": "g85ojlv", "text": "Sounds like one which has security of tenure under the LTA 1954 - essentially one which is perpetually renewable.", "replies": [{"id": "g85q8r9", "text": "okayyy thank you!", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]