What is a Security Deposit Burn Down in a Commercial Lease?
In commercial real estate leasing, security deposits serve as a critical risk mitigation tool for landlords. Unlike residential leases, where security deposits are often limited by law, commercial landlords have significant discretion in setting the amount and...
Letters of Credit vs. Security Deposits in Commercial Real Estate Leases
In commercial real estate transactions, landlords often require tenants to provide financial security to safeguard against potential defaults on lease obligations. The two most common forms of security are letters of credit and security deposits. While both serve...