September 19, 2018

In a lease, 'additional rent' generally is defined as any amount due to landlord by tenant that is over and above base rent.  Depending on the lease, the big three additional rent items are (i) common area maintenance costs, (ii) real estate taxes, and (iii) landlord’s...

February 6, 2018

The firm's Winter 2018 newsletter is now available here.  We hope you enjoy and subscribe!

November 20, 2017

In a lease, 'additional rent' generally is defined as any amount due to landlord by tenant that is over and above base rent.  Depending on the lease, the big three additional rent items are (i) common area maintenance costs, (ii) real estate taxes, and (iii) landlord’s...

November 14, 2017

There are three main types of rent in leases: base rent, additional rent, and percentage rent.  Additional rent and percentage rent are topics for another post, but here is a quick summary of each of these three types:

Base Rent: The annual rent paid for the right to th...

October 12, 2017

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 family camping trip in Colorado this past August, my family and I spent the night in Omaha, Nebraska.  Pulling into the city later than...

October 17, 2016

Tech companies have been growing and hiring at a very quick pace for several years now.  These companies were growing at such a speed that they became a significant percentage of the new office leases in markets such as downtown Chicago. 

Tech firms now are taking...

February 4, 2016

While driving back from a family camping trip in Colorado this past August, my family and I spent the night in Omaha, Nebraska.  Pulling into the city later than expected (travelling with a 2-year-old and a 4-year-old lends itself to certain unforeseen delays), we stop...

March 29, 2015

An article appeared in Bloomberg News within the last year that highlighted the complexities of the conservation easement tax break.  Both the conservation easement and the related tax incentives are sophisticated real estate and tax matters subject to regular debate b...

November 25, 2014

Moorhead Law Group, LLC recently was involved with a commercial property that was left to family members as part of an inheritance.  While the family member who left the property to children undoubtedly had only good intentions, including financial stability for his fa...

November 20, 2014

Utilities, trash, and utility interruptions are three relatively straightforward topics, but they are important to understand because of how integral they are to a smooth business operation.

 

Who Provides?

For the utilities, it is important for the tenant and the landlor...

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