5 Documents to Send to Your Lawyer Before Selling Real Property An experienced listing agent understands how much work is required simply to have the MLS listing go live. Information gathering, […] Read more
The Legal Outlook for 2023 For many people, 2022 yielded a new “normal.” While dreaded pandemic lock downs fortunately did not recur, many businesses grappled […] Read more
Dispelling Myths About “On or About” Closing Dates in New York In New York, most closing dates are fungible. The contract will typically state that the closing shall occur “on or […] Read more
Negotiating Pandemic Clauses for Commercial Leases Since the COVID-19 pandemic began, commercial Landlords and Tenants have brainstormed ways to address the risk of future government shutdowns […] Read more
Part 25*: Can a commercial lease be assigned or sublet? Every commercial lease agreement is different. In many commercial leases, the Tenant has the right to “assign” the lease or […] Read more
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 […] Read more
Part 23*: How does the security deposit work on a commercial lease? In most commercial leases, Tenants are required to deliver a security deposit to the Landlord. The amount of the security […] Read more
Part 22*: Can a commercial lease be signed electronically? It is now commonplace for a commercial lease to contain language that allows for electronically transmitted signatures and DocuSign signatures. […] Read more
Part 21*: What is a “SNDA” in a commercial lease? A “SNDA” is an abbreviation for Subordination Nondisturbance and Attornment Agreement. At its core, the Tenant agrees to subordinate the […] Read more
Part 20*: How are environmental issues addressed in commercial leases? Environmental issues are addressed in commercial leases in a number of ways. First, most leases will prohibit the Tenant from […] Read more