Legal Concerns

The least important term in a lease is the rent! We have seen additional rent costing more than base rent. Tenants have been overcharged for electric, compound mistakes that cost $millions and double charges that go un-noticed for years. People ignore the insurance clauses, eminent domain, alterations clauses and of course holdover and restoration requirements.

We need to carefully scrutinize the sublease clauses, options, construction restrictions, rules and regs and most important to law firms guarantees, “good guy” clauses, release clauses and assignment rights.

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