What does COMIT mean?

In Leasing Property - Asked by Kelly A. - May 28, 2015
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Bob L.
Houston, TX

Use it in a sentence . . . .
Not afraid to say I've never heard of it, and googling yielded no results. Either a typo or someone making it up as they go along?

May 31, 2015
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Mark P.
Springfield, MO

A contractual agreement between an investor and a venture-capital fund that obligates the investor to contribute money to the fund. The investor may pay all of the committed capital at one time, or make contributions over a period of time. This often takes place over a number of years.

Jun 3, 2015
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Brett S.
Mason City, IA

How about CAMIT? CAMs (common area maintenance) I (insurance) T (taxes). These are the 3 categories of occupancy costs for a tenant above base rent in a triple net lease.

Jun 4, 2015
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Maurice M.
Baltimore, MD

What is a triple net lease?

Jun 10, 2015
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