For example, a store specializing in hearing aids may indicate a willingness to lease space in a particular shopping center, if the landlord can ... This requirement would then be incorporated into a letter of intent executed by the parties. ... If too much space is rented to tax-exempt entities, the property will be tainted as tax-exempt use property, which carries adverse tax 3 See Chapter 20 and Chapter 40.
|Title||:||Tax Guide to Managing and Leasing Commercial Properties|
|Author||:||Martin M. Shenkman|
|Publisher||:||Wiley Law Publications - 1991|