As workers become more comfortable in their remote offices, is it likely that they’ll return on-site after the pandemic? The results of a Forbes 500 CEO poll in early May show that only 40% of those surveyed said that at least 90% of their workers will continue to work from home until next June –... View Article
What does your lease say? What do you want from the lease negotiations? What does your landlord want? What are you willing to give? What is your backup plan? Enlist Help You are not alone – Speak with an attorney to discuss lease negotiation techniques, different commercial lease structures, understanding your terms, lease provisions, lease... View Article
For many companies, a commercial lease is one of the most critical and high-value contracts into which they’ll ever enter. While the average commercial lease term is between 3 to 5 years, these leases can run up to 10 years, plus extension periods. Unlike most other contracts that a business might sign, a commercial lease... View Article
We often get asked to review commercial leases on behalf of our clients. Here’s a quick summary of the most common “gotchas” in commercial leases from our years of experience as a commercial lease lawyer. Responsibility for Repairs. Who is responsible for fixing what in a commercial lease? This is often confusing because it can be... View Article
Commercial leases are typically written to allow for assignment or subletting with the consent of the landlord. Landlords, though, often elect to terminate a lease and draft a new lease with the new business tenant rather than accept the assignment. This is often much better for the business trying to get out of the lease,... View Article