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In the Spotlight: Landlord's Waiver or Subordination to Tenant's Lender's Security Interest

This article asks the question: waive or subordinate? An in-depth discussion.

19 minute read February 27, 2011 at 09:39 AM
By
Jay Gitles
In the Spotlight: Landlord's Waiver or Subordination to Tenant's Lender's Security Interest

Most commercial real estate lease forms (and most states' laws) grant the landlord a lien on the tenant's personal property located at the leased premises in the event of an uncured default by the tenant under the lease.

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