Going to court is an expensive, time-consuming, and stressful way to work out problems with your tenants. That’s why increasing numbers of landlords incorporate arbitration clauses into their leases.
A lease amendment is usually simpler and easier—but not always better.
Lease amendment or new lease? It’s easy to overlook the importance of controlling the mechanics of the renewal process. Consider the scenario where a tenant exercises its...
Offering any tenant rent relief is inherently risky.
Like so many landlords these days, you may be considering restructuring your lease to aid a percentage rent tenant that’s struggling to stay afloat. While avoiding a vacancy by helping the tenant stay...
A lease amendment is usually simpler and easier—but not always better.
Lease amendment or new lease? It’s easy to overlook the importance of controlling the mechanics of the renewal process. Consider the scenario where a tenant exercises its...
If you use a standard lease form that includes blanks for listing appropriate information, don’t leave any of the blanks empty. If you do and end up in a dispute with a tenant, you open the door to the court’s interpreting the meaning of the blank space using “parol” or...
Post-pandemic, tenants are seeking to expand the scope of the force majeure clause.
The so-called force majeure clause excusing a party to a lease from performing its duties if a catastrophic event beyond its control happens has long been a staple of...
