Co-Brokerage Agreements
In the context of a commercial lease (or the sale and purchase of real estate), a co-brokerage agreement is where two (or more) real estate brokerage firms generally agree in…
more
Master your craft whether in the office, on-site, on your couch, at the gym, or commuting to and from work. Grow and learn at your own speed with Leasing REality’s Free Cheat Sheets. Subscribe today to unlock all Cheat Sheets.
Collateral Assignment of Lease (Pro-Franchisor)
A well-crafted franchisor-friendly document to be included as an integral part of a lease with a tenant franchisee will generally include the following, at a bare minimum: Notice of Tenant…
more
Condenser Water
Landlord Advocates: If landlord is willing to allow its tenant to have installed, at tenant’s own cost, a water cooled supplemental air-conditioning system, subject to the capacity of the building’s…
more
Construction Project Completion & Payment Mitigation of Risk Leasing Tips
Top 6 Construction Risk Mitigation Tools Construction Escrow Agreement Payment Bond Performance Bond Individual and/or Corporate Construction Completion and Payment Guaranty Builder’s Risk Insurance Requiring Periodic Delivery of Lien…
more
Free Rent Concessions
Whether you represent a tenant or a landlord in a lease negotiation, it is important to recognize that free rent concessions must be part of the equation. This is the…
more
Quiet Enjoyment
All leases include a covenant of quiet enjoyment, whether explicit or implicit. In exchange for complying with the terms of the lease, tenant may peaceably and quietly enjoy the demised…
more
Cannabis Issues in Commercial Leasing
In the words of The Rolling Stones and their song “Rip This Joint,” before we get all Willie Nelson and Merle Haggard on you and debate whether or not it…
more
Financial Accounting Standards Board (FASB) Commercial Lease Accounting Reporting Changes
Playing off of the words of none other than hip-hop artist extraordinaire Eminem and rock legend David Bowie, as a result of the new rules enacted by FASB, all of…
more
Top 12 Finding New Space & Relocation Tips for Commercial Tenants
When a tenant is considering channeling circa 2010 mindset of LeBron James by taking its “talents” and its company to a new location, the following should all be taken into…
more
Leasing Concierge & Office Building Amenities – It’s All About the “Yes” and Not the “No”
Tenants, more and more, seek new (or alternatively, renovated) buildings with modern amenities. Consequently, landlords must provide creative amenities packages as to seduce and attract tenants. Amenities Many Landlords Offer…
more
Top 20 Assignment and Subletting Provisions
Tenant’s right to sublease and assign; What a tenant’s written request to landlord for consent should include; When a landlord’s time to respond to a tenant’s request for assignment and…
more