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A landlord likely will offer a prospective tenant certain financial incentives to attract the new tenant. As part of these financial...

In a retail lease, the three typical types of rent are base rent, additional rent, and percentage rent. Percentage rent is rent based on...

In a lease, 'additional rent' generally is defined as any amount due to landlord by tenant that is over and above base rent. Depending...

There are three main types of rent in leases: base rent, additional rent, and percentage rent. Additional rent and percentage rent are...

A security deposit is the landlord’s attempt to mitigate the risk of a tenant that cannot, or will not, honor its lease obligations. A...

This article originally appeared in the Chicago Daily Law Bulletin on October 31, 2017: The 2018 Winter Games in Pyeongchang, South...

The permitted use provision in a lease will state the specific things for which tenant can use the premises. An office landlord likely...

The length of the lease term is a business decision that needs to be negotiated with the landlord, reviewed with the broker, and analyzed...

In leases, the rented space is measured on a square foot basis, and the rent is calculated on dollar-per-square-foot basis. This much is...

It normally is critical for a tenant to have new premises delivered by a landlord on time. The tenant has to open for business as...

This is an article of mine from 2016 but is more relevant this week than ever with the Cubs in the playoffs: While driving back from a...

The following is an excerpt from Jamie Moorhead's book, Tenant Leasing 101, available in paperback and Kindle formats on Amazon here: The...

In any type of real estate lease – retail, office, restaurant, industrial, or any other kind – the business principals of the tenant...

When you are leasing commercial space, it is a very good idea to ask someone with a real estate law background to help review the lease...

This is a reprint of my recent newspaper column in the Chicago Daily Law Bulletin. The link to the newspaper is here (subscription...

The following is an excerpt from Jamie Moorhead's book, Tenant Leasing 101, available in paperback and Kindle formats on Amazon here:...

The following is an excerpt from Jamie Moorhead's book, Tenant Leasing 101, available in paperback and Kindle formats on Amazon here:...

A recent article in Bloomberg news highlighted the complexities of the conservation easement tax break. A conservation easement is a...

Los Angeles was selected to host the 2028 Olympic Summer Games. This selection was part of a deal with Paris, France, in which Paris...

A good purchase and sale contract is like a road map for the real estate transaction. The contract will articulate the business terms...