Re: condition waiver issues - need your instructions today

--000000000000e28b1205d92baa04 Content-Type: text/plain; charset="UTF-8" Chuck, Do we have time for a quick call today? My schedule opens up after 2:00. I think we can move forward after the call. Just need clarification on a few things. Thanks, Rick On Tue, Mar 1, 2022 at 9:06 AM Chuck Terlesky wrote: > Three options for the condition waiver - I will respond with option 1 > unless I hear otherwise from you Rick. > > Thanks, > Chuck > > ---------- Forwarded message --------- > From: Mark Kolke > Date: Tue, Mar 1, 2022 at 10:04 AM > Subject: condition waiver issues - need your instructions today > To: cterlesky@homecareassistance.com > > > Chuck, > > An overview of where we are at: > > - condition waiver deadline was last Friday, and we got the landlord to > agree to extend the waiver to March 2nd > > There are three scenarios to consider: > > 1. the first is to waive the conditions as they are, and the landlord says > they will waive theirs in return; that will result in the landlord building > the demising wall and installing a new kitchen as we had negotiated > > or > > 2. because the Landlord now sees substantial capital costs involved in > that construction, they have proposed an alternative arrangement whereby > they will forego a period of gross rent (rent and operating costs) for you > to 'use the existing kitchen and otherwise stay on your side of the chalk > line ... AND in that case, they will not build the wall, not build the new > kitchen and keep the space empty to accommodate expansion as you need it > > or > > 3. since the landlord has played his hand, my thought is to negotiate a > new deal for the entire space, ask them for two years of free rent and use > the opportunity to negotiate a lower rent for taking a longer-term and > still preserving your already negotiated renewal option > > Please give me your instructions ASAP so I can prepare the appropriate > documentation. > > > ALSO, since I've not heard any feedback from you, should I presume the > most recent iteration of the Lease document is acceptable? > > > Thank you, > Mark > > *"Risk comes from not knowing what you are doing." - Warren Buffett* > > *Mark Kolke, DTM, Agent/Realtor - * *VP Commercial, MaxWell Capital > Realty* > *Leasing, Sales, Commercial, Residential, Agricultural & Property > Management* > 6204B Burbank Road SE, Calgary, AB T2H 2C2 > *Phone/Text:* *(403)-312-8359* > *email: kolke@markkolke.com * > *Connect/follow: LinkedIn > * *~ Facebook > ~ **website > * > *FACILITYCalgary* * | PROPERTYLines > > | HOUSINGTruth > * * | > * some recent talks: *Mark Speaks * > > > > -- > Chuck Terlesky B.A., CCPE > General Manager > Home Care Assistance of Calgary, Alberta > Office: 403-301-3777 > 10333 Southport Rd SW, Unit 107 > HomeCareAssistanceCalgary.ca > Click Here For Information > --- > Read Our Testimonials > Join Our Newsletter > > We Are Hiring! > > Champions of Longevity > --000000000000e28b1205d92baa04 Content-Type: text/html; charset="UTF-8" Content-Transf