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Thank you all for your input. This was a rectangular plot of land (2.73 acres). A "U-shaped" parking lot was built with 2 entrance/exits to public roads. Drainage, landscaping, sidewalks, and lighting were placed around the parking lot. Now, inside of that still remains a rectangular plot...
Thank you Quincy. I used a CAM when I was leasing space. Would this be considered different since the land would be purchased and owned by different people, but we share the parking and general landscaping? thank you.
What is the name of your state? Oklahoma
I own a piece of property that includes an office building built for my business and 2 other plots I am selling for new business construction. I am wondering what the agreement is called that is drafted to determine the shared responsibilities for...
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