by Ashley Wong | Aug 22, 2019 | business, business planning, Contract, lease, Negotiation, Operations
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...
by Jay Long | Jun 4, 2018 | business planning, lease
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...
by Michelle Bomberger | Nov 19, 2008 | assignment, business, lease
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...
