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Posts Tagged ‘lease’

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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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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