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...
Leasing 101: Permitted Uses
The permitted use provision in a lease will state the specific things for which tenant can use the premises. An office landlord likely...
Leasing 101: Term Length and Alternatives
The length of the lease term is a business decision that needs to be negotiated with the landlord, reviewed with the broker, and analyzed...