What is a Memorandum of Lease and Why is it Important in Massachusetts?
In Massachusetts commercial real estate, understanding when and how to record lease-related documents can help protect long-term interests. One document that often comes into play for leases longer than seven years is the memorandum of lease—also known as a notice of...
What is the Significance of Signing a Commercial Lease ‘Under Seal’ in Massachusetts?
Massachusetts law contains certain legal traditions that may be unfamiliar to individuals and businesses from other states. One such unique aspect is the concept of signing a document "under seal" - whether or not a physical seal is actually used. While the use of...
What is a Must-Take Provision in a Commercial Lease?
In the world of commercial real estate leasing, flexibility and forward planning are key considerations for both landlords and tenants. One of the provisions that can help address a tenant's future space needs while providing a landlord with a committed tenant for...