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When Tenants Do The Work, Protect Your Asset

Tenants are demanding larger construction allowances, and added care must be taken when representing landlords in these situations, to ensure that tenants' work is completed lien-free and that construction reimbursements are not paid prematurely.

7 minute read August 21, 2010 at 03:14 PM
By
Ira Fierstein
When Tenants Do The Work, Protect Your Asset

With more and more landlords delivering raw space to tenants, or otherwise providing that the premises are to be delivered in “as-is” condition, tenants are performing work that was customarily performed by landlords.

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