When you try to get a commercial lease, you'll likely be asked for a security deposit. This is often the same as rent for one or two months, to be paid up front. You then get it back at the end of the lease, minus any that had to be taken out due to damage to the...
Month: June 2016
What does the Coastal Commission do?
The coast of California extends 1,100 miles. It's a lot of coast to protect, which is why the state legislature enacted the California Coastal Act in 1976, which was also when the California Coastal Commission was permanently established.The Commission is responsible...
Three things that can derail your commercial lease
When you need a commercial lease, you want to make sure you get one that's going to be fair to you. If you're not sure about the terms, though, you could end up agreeing to something that's not in your best interest. Fortunately, there are ways to get the help you...
New office space construction vies for big business
Office space construction is booming in Orange County, with more new construction and renovations in the sector than in nearly a decade. First-quarter reports on office space property indicate approximately 2.8 million square feet are under construction, which is an...
Why you need an attorney to help you with your commercial lease
When you're ready to negotiate a lease for commercial property, it's important for you to understand all the terms and conditions you will be agreeing to. Because there isn't a standard agreement, the owner of the property can create a lease that works for them. You...
Retail leases: Issues in co-tenancy provisions
A co-tenancy provision allows a tenant certain remedies if specific conditions are not met. In most cases, they usually deal with a certain type of main tenant in a shopping center or having a specific number of tenants at all times. Most tenants want these provisions...
Why some small business owners are turning to space sharing
No one has to tell small business owners in Southern California how expensive real estate is -- particularly if you're looking for space in a popular area where customers are plentiful. Some small business owners here in SoCal and throughout the country are able to...