Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Allottee to the Maintenance Agency. Maintenance Expenses means all expenses reasonably incurred in connection with the operation and maintenance of the System, including the cost of water and wastewater treatment, whether incurred by the Issuer or paid to any other political subdivision or company pursuant to contract or otherwise, repairs and renewals.

Common area maintenance is an additional rent expense intended to cover any expenses involved with day to day operations of the property. Any space that is commonly used between two or more tenants is considered “common area,” meaning one tenant doesn’t have exclusive access to that space. We offer services for maintaining that area.

Design reviews are an essential component of the facility acquisition process. An effective design review process helps to unify and align all interested parties to a common objective and integrate their knowledge, experience, and skills throughout all phases of the facility acquisition process.

A sinking fund is a fund containing money set aside or saved to pay off a debt or bond. A company that issues debt will need to pay that debt off in the future, and the sinking fund helps to soften the hardship of a large outlay of revenue.

Due diligence is an independent detailed investigation or assessment made on the target entity / asset to understand the potential risks involved in a proposed transaction. It involves the evaluation and examination of the claims, risks and benefits of a proposed transaction.