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Posts Tagged ‘commercial lease’

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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Letter Of Intent For A Commercial Lease

What Is The Purpose Of A Letter Of Intent For A Commercial Lease? A real estate letter of intent (LOI) is the skeleton from which a lease is drafted by the landlord’s attorney.  The letter of intent reduces to writing a preliminary understanding of parties who intend to enter into a contract, including contracts to…

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Top Ten Terms To Negotiate in a Retail Lease

commercial lease agreement

1.  CAM/Operating Expenses – How will they be calculated? How much will they go up each year? Most, if not all, retail leases will require the tenant to pay its proportionate share of operating expenses as additional rent, in addition to the base rent.  However, what is included in those operating expenses and how they…

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What are the Most Important Commercial Lease Clauses to Negotiate?

commercial lease

As experienced commercial lease attorneys representing tenants nationwide, we have handled hundreds of commercial leases.  We are often asked why it is important to have an experienced tenant’s lease attorney review and negotiate the business lease.  Leases are extraordinarily negotiable documents that can make or break a business.  Below is my list of the top…

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Tips Before You 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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