A “SNDA” is an abbreviation for Subordination Nondisturbance and Attornment Agreement. At its core, the Tenant agrees to subordinate the […]
A “SNDA” is an abbreviation for Subordination Nondisturbance and Attornment Agreement. At its core, the Tenant agrees to subordinate the […]
Environmental issues are addressed in commercial leases in a number of ways. First, most leases will prohibit the Tenant from […]
Most commercial leases include an indemnity clause whereby the Tenant indemnifies the Landlord for any claims arising out of the […]
Most commercial leases will require the Tenant to maintain certain insurance coverage with specified minimum limits. At a minimum, the […]
A commercial lease will often flesh out the details concerning Landlord’s Work, Tenant’s Work and Tenant Improvement Allowance. Landlord’s Work […]
A relocation clause in a commercial lease allows the Landlord to relocate the Tenant to another Premises in the same […]
A “demolition clause” in a commercial lease is a clause that allows the Landlord to cancel the lease in order […]
Some commercial Landlords may offer a right of first refusal to an anchor Tenant. A right of first refusal is […]
Some commercial tenants will negotiate for an exclusive use where there are other tenants in the same building. For example, […]
In many Commercial Leases, Tenants are responsible for paying their proportionate share of Common Area Maintenance, often abbreviated as “CAM.” […]