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Radius Restrictions in Retail Leases
In retail leasing, one provision that often arises and requires careful negotiation is the radius...
Extension Options in a Commercial Lease
Extension options, sometimes called renewal options, are a provision in a commercial lease that...
Relocation Provisions in Commercial Leases
In commercial leasing, a key aspect that can significantly impact both landlords and tenants is...
Letters of Credit vs. Security Deposits in Commercial Real Estate Leases
In commercial real estate transactions, landlords often require tenants to provide financial...
Lease Guaranties: Understanding Their Role and Key Considerations in Commercial Real Estate Leases
A lease guaranty involves a third party, known as the guarantor, committing to fulfill the...
Understanding Casualty and Condemnation Provisions in a Commercial Purchase Agreement
One of the things that a commercial real estate purchase agreement does is allocate the “risk of...
Tenant Termination Options in Commercial Leases
Commercial real estate leases generally do not include a right for the tenant to terminate the...
ROFO vs. ROFR: What’s the Difference?
When negotiating a commercial lease, many tenants seek a preferential right to lease additional...
What is a Choice of Law Provision in a Commercial Real Estate Purchase Agreement and Why is it Important?
Although it may appear to be boilerplate language, the choice of law clause plays a practical role...
Tip for Commercial Real Estate Tenants: Negotiating a Cap on Controllable Operating Expenses
Under a commercial lease, tenants are typically responsible for various expenses associated with...