Blog

Part 24*: What is a “Lease Surrender Agreement?”

A lease surrender agreement applies when a Tenant vacates the Premises prior to the expiration of the term. This may […]

In most commercial leases, Tenants are required to deliver a security deposit to the Landlord. The amount of the security […]

It is now commonplace for a commercial lease to contain language that allows for electronically transmitted signatures and DocuSign signatures. […]

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 […]