Tenant Retention Strategies For Commercial Vs. Residential Properties

Commercial Property: Licence or Lease – KCH

A scenario that landlords and tenants to commercial property often find themselves in dispute over is whether there exists a licence or a lease.  This dispute commonly arises when the agreement between the parties for use of the property and the occupation comes to an end.  The landlord may assert there is an agreement for a lease and seek at least 3 months’ notice when the tenant wants to terminate the lease whereas the tenant argues it is a li…

Tenant Retention Strategies For Commercial Vs. Residential Properties

Tenant retention is a critical component of long-term success for investors. Whether managing commercial or residential properties, the goal remains the same: to create a stable, engaged, and satisfied tenant base. However, the strategies employed can differ significantly due to the distinct needs, expectations, and operational considerations of each market.  Understanding the Tenant Demographic The foundation of any effective tenant retention s…