November 14, 2018

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 landlord will review a prospective tenant’s financial statements, operating history, and reputation to determine this risk. 

Tena...

October 11, 2018

There are a variety of maintenance and repair items with respect to leased premises and the building or shopping center that need to be addressed in the lease.  Several of these items should be landlord’s responsibility, and a diligent tenant will address these items s...

September 19, 2018

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 landlord will review a prospective tenant’s financial statements, operating history, and reputation to determine this risk. 

Tena...

July 31, 2018

Generally speaking, a tenant should be allowed to have control over the aesthetic design and construction standards of its leased premises. 

Subject to a landlord’s signage and construction requirements, certain prior approval from landlord, and applicable law, the tena...

March 16, 2018

As part of the lease negotiation process, the tenant should make sure it obtains landlord’s approval for the type and design of signage that it needs, as well as the number and location of the signs.

Office Tenant Signage

An office tenant may need relatively minimal sign...

February 21, 2018

If having a competitor in the same retail center would be detrimental to the tenant’s business, the tenant could negotiate an exclusive use right into its lease for either the type of store or particular products.   

The Exclusive Right

An exclusive use right e...

February 1, 2018

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

Who Provides?

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

January 18, 2018

There are a variety of maintenance and repair items with respect to leased premises and the building or shopping center that need to be addressed in the lease.  Several of these items should be landlord’s responsibility, and a diligent tenant will address these items s...

January 4, 2018

Generally speaking, a tenant should be allowed to have control over the aesthetic design and construction standards of its leased premises. 

Subject to a landlord’s signage and construction requirements, certain prior approval from landlord, and applicable law, the tena...

January 4, 2018

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 scheduled and begin to generate revenue as budgeted. 

When Delivery Occurs

The premises should not be deemed delivered until landlord has ful...

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