Posts Tagged ‘retail lease’
Personal Guaranty Issues in a Retail Lease
What are the issues of signing a personal guaranty in a retail lease? Personal guarantees allow a landlord of a retail lease to have individuals guaranty the financial obligations of the tenant in the lease. It is another means that a retail landlord has of ensuring payments from the tenant. What should the guarantors be concerned about when signing a personal guaranty?
Read MoreFive Frequently Negotiated Lease Terms
What are the top five terms that a retail tenant should negotiate before signing a retail lease?
Read MoreFranchise 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…
Read MoreTop Ten Terms To Negotiate in a Retail Lease
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…
Read MoreTips 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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