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Posts Tagged ‘additional rent’

Franchise Attorney or Local Business Attorney?

Understanding of franchise law I often get asked by a prospective franchisee client why they should use experienced franchise attorneys like those at Lanard and Associates and not their local business attorney.  My answer is very simple.  The local business attorney will not likely be familiar with franchise laws (both federal and state) and provide…

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What is Additional Rent in a Commercial Lease?

When reviewing a commercial lease, particularly for a retail space, you will notice that typically a tenant will be required to pay base rent and additional rent or CAM (Common Area Maintenance Charges). What is the difference between base rent and additional rent?  What can be done to lower or anticipate the cost of additional…

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Tips Before Your Sign a Retail Lease

Before you sign a lease as a tenant of a shopping center or mall lease, there are some very important tips to keep in mind. 1.  Personal guaranty.  This is a very critical issue. The landlord would like to keep you as a personal guarantor of the lease for the entire term of the lease…

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