Make Sure Your Renewal Option is SPECIFIC
Make sure the renewal option provision in your commercial lease is specific. Otherwise, an illogical outcome may reached, as exemplified in Jahagiri v. 1830 North Bayshore, LLC, 43 Fla.L.Weekly D1806a […]
Make sure the renewal option provision in your commercial lease is specific. Otherwise, an illogical outcome may reached, as exemplified in Jahagiri v. 1830 North Bayshore, LLC, 43 Fla.L.Weekly D1806a […]
Hopefully, as a commercial landlord or commercial tenant, you have business interruption insurance coverage. If you are not sure what this coverage is, you should be. It is important insurance […]
Can a commercial lease contain a cure provision for a tenant to cure defaults under the lease? Certainly. Is it a good idea? Depends. From a landlord’s perspective, you want […]
Florida Statute s. 83.232 refers to rent a commercial tenant is required to pay into the court’s registry when the landlord files an action for eviction. For the benefit of […]
There are instances, particularly with long term commercial leases, where the original landlord and the original tenant are not the same. There are property sales, mergers and acquisitions, and assignments, […]
An exculpatory clause is a clause in a contract, such as a lease, that relieves a party of liability for damages. In a lease, there may be an exculpatory clause […]
Acceleration of rent or Eviction? What should I do if a tenant is not paying rent by the due date? Acceleration of rent clauses are valid in commercial leases. Jimmy […]
Commercial leases oftentimes require the tenant to maintain the premises in first class condition. The onus is on the tenant to make the necessary repairs as required by the […]
There is an affirmative defense known as the doctrine of avoidable consequences that is often confused with the affirmative defense known as the duty to mitigate. Both defenses go to […]
A commercial lease is a contract. And, just like any contract, breach of a contract requires that there be a material breach of that contract. The materiality of a breach […]