Definition
RSF is usable square feet plus a pro-rata share of common areas, expressed through a load factor. Rent and expense shares are billed on RSF, while usable square feet is what the tenant actually occupies.
The square footage a commercial tenant pays rent on, including a share of common areas.
RSF is usable square feet plus a pro-rata share of common areas, expressed through a load factor. Rent and expense shares are billed on RSF, while usable square feet is what the tenant actually occupies.
A tenant with 4,500 usable SF and a 15% load factor pays rent on 5,175 rentable SF.
Two quotes at the same rate per square foot can differ materially in real cost, because one is measured on rentable area and the other on usable. The load factor is the difference, and it is negotiable at the measurement stage.
State the measurement standard and the load factor in the lease, and use the same basis for rent, CAM shares, and any tenant-improvement allowance. Re-measure when the building's common areas change.
Comparing a usable-area quote with a rentable-area quote, letting the load factor go unstated, and billing expense shares on a different basis than rent.
Additional rent means charges beyond base rent that the lease enforces as rent. What it covers, why the label matters, and how to bill it.
Applicant screening verifies credit, income, rental history and references. How uniform criteria work and where fair-housing risk sits.
Cap rate is net operating income divided by value. How to calculate it, what it tells you, and where the number gets distorted.
CAM is a commercial tenant's pro-rata share of shared-space costs. How estimates, reconciliation and caps work in practice.
Delinquency is the state of being past due on rent. How aging buckets, late fees and escalation work without heading straight to eviction.
Escrow is money held by a third party until a condition is met. What it means for deposits, rent disputes and closings.
$49/month includes 5 units, then per-unit pricing that drops as you grow. Optional modules are billed separately and must be added deliberately.
Explore Ayillo