Acceleration of Rent under a Commercial Lease or Eviction?
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 lease
Is the Breach of the Commercial Lease Material?
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 […]
Commercial Landlord’s 3 Options when Tenant Defaults
What are the commercial landlord’s options if a tenant defaults under the commercial lease? Legally speaking, there are three known options: (1) The landlord can treat the lease as terminated […]
Benefit of Gross Lease or Full Service Lease
Recently, I spoke with someone that was hesitant in entering into a gross commercial lease, which is also commonly referred to as a full service lease. I asked the following […]
Consult! Consult! Consult!
Signing a commercial lease is a big deal. At least, I think it is. The commercial lease pertains to your business. How rent is calculated is important. How the landlord’s […]
Does Your Commercial Lease Contain an Attorney’s Fees Provision?
Does your lease contain a prevailing party attorney’s fees provision in the event of any dispute arising out of or relating to the commercial lease? Most likely it does. Prevailing […]
Dealing with Casualties in Commercial Lease
How does a commercial lease deal with a casualty? What happens when the leased premises suffers a casualty? These are questions that should be covered by the commercial lease. Both […]
Case Example of Commercial Landlord and Tenant Dispute
With the number of commercial leases out there, a commercial landlord and tenant disagreement is not atypical. However, how the parties react to the disagreement will dictate whether or not […]
Indemnity Clause in Commercial Lease
As a commercial landlord, you want to make sure you are getting an indemnification from your commercial tenants. This would be reflected in an indemnity clause in your commercial lease. An […]
Language Matters in Commercial Leases
The language used in a commercial lease, or any document for that matter, is very important when it comes to interpreting the intention of the contracting parties. Language matters…in all […]