by Jenna Zebrowski | Nov 14, 2019 | Blog, Leasing
Commercial sublease obligations can make or break your company financially. When subleasing a commercial space, the sublessee is motivated to reduce expenses, so the rent price can be attractive, but the sublessee will probably make some business concessions,...
by Jenna Zebrowski | Nov 7, 2019 | Blog, Leasing
An office lease agreement is a contract between the landlord and tenant to rent space. The tenant pays the rent and uses the space to conduct business ,and benefits because there is no capital expenditure to purchase the property. The landlord benefits because there...
by Jenna Zebrowski | Oct 31, 2019 | Blog, Leasing
General Exclusions The tenant needs to understand what he or she is paying for to ensure that he/she is not being overcharged by a landlord who is trying to turn operating expenses into a profit center. Landlords might put language into the lease allowing for: ...
by Jenna Zebrowski | Oct 24, 2019 | Blog, Leasing
A commercial building lease agreement formalizes the leasing relationship between a landlord and a tenant to rent business property in order to conduct business operations thereon. When operating a business, a formal legal agreement that recognizes and codifies the...
by Jenna Zebrowski | Oct 10, 2019 | Blog, Leasing
A broker gets paid when the deal is done, and their job is to locate space and negotiate some of the economics of the deal. An attorney’s compensation isn’t contingent on finishing the deal, so a good commercial real estate attorney will provide an understanding...
by Jenna Zebrowski | Aug 2, 2019 | Blog
A landlord wants tenants if they meet this criteria: 1) A personal guarantee means that YOU are personally responsible, and the landlord or franchisor entity can go after your personal assets and bank account. Try a larger security deposit, or sharing the entity...
