Players on the Move
A look at moves among attorneys, law firms, companies and other players in entertainment law.
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We found 2,409 results for "Commercial Leasing Law & Strategy"...
The Leasing Hotline
August 30, 2006
Highlights of the latest commercial leasing cases from around the country.
Opportunities for Landlord Abound When Tenant Exercises Renewal Option
August 30, 2006
When a tenant exercises an option to renew its lease, the landlord's usual inclination is to save time and effort by treating the tenant's notice letter as sufficient to accomplish the renewal. This inclination should be strongly resisted ' not only because such a notice may be inadequate, but also because the landlord may be missing out on an opportunity to update the original lease and often improve upon the existing documentation. This is especially true where the renewal is at 'market,' which offers the landlord the possibility to argue that certain changes are necessary to conform to market conditions.
In the Spotlight: But for an Option, the Kingdom Was Lost
August 30, 2006
When I was just a young boy, my father sat me down and said, 'Son, if you're going to rent, remember to get options to renew,' And he added, 'Don't be a sucker. Make sure those options are at a fixed rent.'
Drafting a More Effective Default Clause
August 30, 2006
Attorneys are making too much money litigating disputes between commercial landlords and tenants. Even the most frequently used 'standard form' leases permit tenants to stall and strangle property owners. Moreover, these same leases leave tenants without proper recourse when property owners fail to follow written commitments. Instead of blaming the judicial system, a judge, a landlord, or tenant ' to paraphrase Shakespeare ' it is time that we practitioners recognize that the fault is not in our stars but in our leases. Because they are the enforcement provision in a commercial lease, default clauses must be revised and developed to better meet the needs of landlords and tenants under the judicial system.
The Leasing Hotline
July 31, 2006
Highlights of the latest commercial leasing cases from around the country.
Exclusive Use Provisions: Practical Considerations for Landlord's Counsel
July 31, 2006
Part One of this article discussed the scope of the exclusive use provision, reasonable exclusions from the provision, and future exclusives. The conclusion addresses ceasing operations, assignees and subtenants, and violation of the exclusive use provision.
REITs: The Challenge of Parking Facilities
July 28, 2006
The careful negotiation of the rights and responsibilities involved with the operation of parking facilities associated with commercial properties is an often-overlooked component of the acquisition and leasing of those properties. It has been noted that the inadequate resolution of the competing interests between owners, lessors, and lessees of parking facilities can harm the interested parties' businesses and ultimately drive the parties into costly and time-consuming legal battles. Stacy E. Smith, Negotiating Parking Privileges in Commercial Leases: What Every Tenant Should Know. <i>Com. Leasing L. & Strategy</i>, July 2005, at 1. Unfortunately, the presence of a real estate investment trust ('REIT') among the concerned parties adds an additional layer of complexity to an already challenging situation.
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- When Is a Repair Structural or Nonstructural Under a Commercial Lease?A common question that commercial landlords and tenants face is which of them is responsible for a repair to the subject premises. These disputes often center on whether the repair is "structural" or "nonstructural."Read More ›
- Slight Decrease In Commercial Foreclosures Hints at Market StabilizationWhile the commercial real estate market faced significant headwinds in 2024, recent data suggests that the tide may be turning. The combination of lower interest rates, a decline in foreclosures, and improving market conditions offers a glimmer of hope for property owners and investors alike.Read More ›
- Players On the MoveA look at moves among attorneys, law firms, companies and other players in entertainment law.Read More ›
- Commercial Property Insurance: How Much Coverage Do You Really Have?While in many cases involving a substantial property loss the applicable insurance policy limit is clear, in some cases it is not, and the amount to which the policyholder is entitled is governed by a confluence of policy provisions informed by applicable state law.Read More ›