Practical guidance on commercial real estate, franchise law, and business transactions from Brent A. Levison.
Every commercial lease defines what constitutes a default and what remedies the landlord has when one occurs. These provisions are easy to overlook during negot...
Read more →A commercial lease renewal option is one of the more overlooked provisions during initial lease negotiation — tenants focused on the current term's rent and bui...
Read more →Most commercial tenants never think about their landlord's mortgage — until the landlord defaults on it. An SNDA agreement is the document that determines what ...
Read more →A commercial lease is a long-term commitment — often five, ten, or more years. Business circumstances change over that time, and without a negotiated early term...
Read more →A shopping center's foot traffic often depends heavily on one or two anchor tenants — a grocery store, a major retailer, a movie theater. When an anchor leaves,...
Read more →Imagine signing a lease for a coffee shop, only to have the landlord lease the space next door to a competing coffee chain six months later. An exclusive use cl...
Read more →Common in shopping centers and malls, percentage rent is a lease structure that ties part of a tenant's rent obligation directly to how much revenue the busines...
Read more →Moving into a commercial space rarely means moving into a finished one. Whether it's a raw retail shell or an office that needs reconfiguring, buildout costs ca...
Read more →Forming an LLC or corporation is supposed to protect your personal assets from business liabilities. A personal guaranty on a commercial lease can undo that pro...
Read more →Get expert legal guidance on your commercial real estate or franchise matter.
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