define first refusal,benefit of division,option,lease back,good tenancy deposit,rent roll,fair wear and tear.?

Answer 1

over and over and over??

Answer 2

First refusal is a courtesy you give a potential tenant where you wait for them to come through. It is good business, but can cost you.
Options are a form of contract. You agree to the terms and stay willing while they make up thier mind.
The benifit of division allows tenants to sublease...very risky!
'Good tenancy deposit' (we just say 'deposit') is money that the tenant gives you to hold against damages they may make.
The rent roll is a list of tenants and what they pay. This is a large factor in determining the value of commercial property if you are buying or selling.
Fair wear and tear is another term we don't use here, but it relates to the normal use of a rental place...tenants do not have to pay for nicks, scratches, scuff marks and things that wear-out or need regular repair like faucets and appliances.
Lease back is when someone buys a property and assumes the responsibilities of ownership (like taxes, some utility bills and maintenance) and leases it back to the seller...this is usually a commercial arrangement.
Real estate law, regulations and customs vary greatly from place to place.

Answer 3

wtf?