Percentage Rent: Mastering the Nuances of a Retail Lease
In a retail lease, the three typical types of rent are base rent, additional rent, and percentage rent. Percentage rent is rent based on...
Leasing 101: Nine Tips for Negotiating Additional Rent
In a lease, 'additional rent' generally is defined as any amount due to landlord by tenant that is over and above base rent. Depending...
Leasing 101: Base Rent
There are three main types of rent in leases: base rent, additional rent, and percentage rent. Additional rent and percentage rent are...
Leasing 101: Security Deposits
A security deposit is the landlord’s attempt to mitigate the risk of a tenant that cannot, or will not, honor its lease obligations. A...
Leasing 101: Permitted Uses
The permitted use provision in a lease will state the specific things for which tenant can use the premises. An office landlord likely...
Leasing 101: Term Length and Alternatives
The length of the lease term is a business decision that needs to be negotiated with the landlord, reviewed with the broker, and analyzed...
Tenant Leasing 101: Proper Delivery of the Premises
It normally is critical for a tenant to have new premises delivered by a landlord on time. The tenant has to open for business as...
Tenant Leasing 101: Plan for Opportunity and Disaster in the Assignment and Sublease Section
The following is an excerpt from Jamie Moorhead's book, Tenant Leasing 101, available in paperback and Kindle formats on Amazon here: The...
Tenant Leasing 101: Reviewing the Business Terms
In any type of real estate lease – retail, office, restaurant, industrial, or any other kind – the business principals of the tenant...
Tenant Leasing 101: Hiring Legal Help
When you are leasing commercial space, it is a very good idea to ask someone with a real estate law background to help review the lease...