The work letter agreement of the lease (the “Work Letter”) sets forth the rights and obligations of the landlord and the tenant relating to the construction of improvements at the
Work Letter 'What Ifs': Practical Solutions to Possible Problems
<b><i>Part One of a Two-Part Article</b></i><br>The work letter agreement of the lease sets forth the rights and obligations of the landlord and the tenant relating to the construction of improvements at the leased premises. To help anticipate problems and mitigate associated risks, this two-part article summarizes six "what if" scenarios that should be considered by landlords and tenants when negotiating Work Letters.

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