Articles with keyword "Landlord Tenant"
In these difficult times, real estate brokers are finding it more and more difficult to collect lease commissions from commercial landlords. But brokers have several legal options at their disposal.
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This is the final blog post in a 3 part series on the negotiation of operating expense provisions in commercial leases.
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As stated in the previous blog entry, landlord form leases often allow the landlord to pass through all expenses in any way related to the management and operation of the project. It is important for tenants to negotiate the charges that can and cannot be passed through.
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This blog entry is the first in a three part series on the negotiation of operating expense provisions in commercial leases.
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There are three primary forms of security used for tenant’s payment of rent: a security deposit (in the form of cash or a letter of credit), a personal or corporate guaranty, and landlord lien rights on the tenant’s personal property located within the leased premises. Most tenants incorrectly negotiate the landlord lien rights provisions in commercial leases.
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This is a follow up to the Article titled "Death and Disability Clauses".
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As follow up to my blog entry titled “Collecting Your Leasing Commission,” this blog entry focuses on Arizona commercial real estate broker liens.
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When negotiating a tenant improvement allowance, tenants (and their attorneys) often overlook a critical issue: the timing of the landlord’s payment of the allowance.
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Most commercial leases that landlords use as a standard form lease contain a provision restricting assignment of the lease by the tenant. The provision states that the tenant cannot assign its interest in the lease without the consent of the landlord, which consent may be withheld in landlord’s “reasonable discretion” or “sole discretion.”
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As discussed in the previous blog entry, a tenant should negotiate a renewal option with a clear, unambiguous method for determination of fair market rent. The tenant wants a neutral, well-defined calculation, appraisal or arbitration process. The tenant does not want to further negotiate with the landlord at the time of renewal, since the tenant always can negotiate with or without a renewal option.
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