Leasing 101: Tenant Improvement Allowances
A landlord likely will offer a prospective tenant certain financial incentives to attract the new tenant. As part of these financial...
Percentage Rent: Mastering the Nuances of a Retail Lease
In a retail lease, the three typical types of rent are base rent, additional rent, and percentage rent. Percentage rent is rent based on...
Leasing 101: Nine Tips for Negotiating Additional Rent
In a lease, 'additional rent' generally is defined as any amount due to landlord by tenant that is over and above base rent. Depending...
Leasing 101: Base Rent
There are three main types of rent in leases: base rent, additional rent, and percentage rent. Additional rent and percentage rent are...
Leasing 101: Security Deposits
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...
Ghost of Sochi haunts 2018 Olympic Winter Games
This article originally appeared in the Chicago Daily Law Bulletin on October 31, 2017: The 2018 Winter Games in Pyeongchang, South...