California · Chapter 50 of 59
Commercial and Income Property
Commercial leasing, 1031 exchanges, investment property analysis, and commercial-specific disclosures.
20-minute read · Built for the DRE Salesperson Exam
commercial property1031 exchangelike-kind exchange45-day identification180-day closingnet leasetriple net
Commercial Property Basics
Commercial real estate includes office, retail, industrial, multi-family (5+ units), hotels, and special purpose properties. Commercial transactions differ from residential in key ways: no TDS required; no NHD required (different disclosures apply); fewer consumer protections; sophisticated buyers expected; complex lease structures; generally longer transaction timelines.
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