What is a Rider on a commercial property?

Buying & Selling Real Estate
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What is a Rider on a commercial property?

Samson Tefera
Houston, TX · Member since 2017 · 29 posts · 2 votes
What is an additional rider to a P&S agreement on a commercial property? Is it common? What do you look for? Thanks Samson
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  • Christopher Phillips
    Real Estate Agent · Garden City, NY · Member since 2016 · 3k+ posts · 1k+ votes
    9y

    @Samson Tefera

    a rider is very common. It's just an addendum that lists additional information not in the main body of the purchase and sale or lease agreement.

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  • Jessica Zolotorofe
    Attorney · NJ · Member since 2016 · 1k+ posts · 794 votes
    9y

    Depends what you mean by "commercial"? MF or retail/office?

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