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Part 13*: What is an “Exclusive” clause in a Commercial Lease?

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.” […]

It depends. In many office leases, electric is built into the rent. For example, a Tenant may pay base rent […]

Each lease is structured differently. Some leases have a fixed term, such as five years. Other leases may have an […]

In some lease agreements, the Tenant agrees to pay base rent plus additional rent. Additional rent may include taxes, insurance, […]

Some commercial Landlords will offer “free rent” to a Tenant on a long-term deal. The “free rent period” usually occurs […]

The rent commencement date may or may not align with the commencement date in a commercial lease. In some cases, […]

While the lease commencement date is often a simple matter, in some cases, it may be more complicated. For example, […]

If the Tenant is a business entity, most landlords will require some form of personal guaranty. Without a personal guaranty, […]

Many Landlords will form a special purpose business entity to own the Building. The business entity may be used for […]