The phrase "breaking a lease" makes the process sound negative and perhaps even illegal. For this reason, some experts suggest that tenants say they would like to "terminate the lease" instead. After all, you can legally do this in many situations, so that phrase...
Month: May 2016
Get help negotiating your construction contracts
Development projects can be exciting, but they are also very expensive and come with all types of risks. One way to reduce the risks associated with your involvement in a project is to ensure contract negotiations are well planned and well executed. Our firm works...
What is a net lease?
A net lease is a type of commercial lease often used for retail or office environments. Typically, tenants that enter into a net lease pay a lower base rent each month than those that enter into other types of commercial leases, but that is because those tenants also...
Exclusivity in your development – what to know
The perfect location is hard to find. You might have spent months looking for the right development to open your new business. Whether you are opening a restaurant, retail store or other type of establishment, you know that in order to be successful, you are going to...
California business lease arrangements
The seriousness of an investment is relative to the wealth of the person or entity making the investment. A $10,000 investment by a small business owner in a strip mall might be just as serious as a $10 million investment by a large corporation if it represents a huge...