Best Commercial Lease Clauses, 17/e

Best Commercial Lease Clauses, 17/e | 836 pages | Softcover | Digital Chapter Downloads | 150+ Editable Model Tools in Word

VALUABLE BONUS: Your purchase includes access to digital downloads of every chapter as well as more than 150 cut-and-paste Model Tools in Word, including model lease clauses, agreements, and notices—saving you hours of time and effort

Described as a wellspring of vital information for professionals seriously engaged in commercial leasing, Best Commercial Lease Clauses helps you structure safe and effective leases for a range of commercial tenants.

Helping you draft “smarter” leases and minimize landlord-tenant disputes, Best Commercial Lease Clauses is filled with input from numerous leading professionals across the country, including top leasing attorneys and real estate professionals, who provide their shrewd insights and astute, field-tested judgment—all in plain-English terminology. 

You’ll find a wealth of authoritative guidance—including concrete suggestions on how to plug dangerous loopholes, stay within the legal boundaries, and prevent trouble before it begins. This is an easy-to-use, one-volume resource that contains more than 150 Model Lease Clauses and other Model Tools, Practical Pointers, and Examples. 

What’s New in This Edition 

·       Chapter 2, “Access to Premises,” shows you how to limit your liability in case you can’t deliver timely possession of premises.

·       Chapter 20, “Estoppel/Lender Agreements,” explains how to require tenants to promptly sign lease amendments demanded by lenders.

·       Chapter 24, “Force Majeure,” describes three key exceptions to make when giving tenants force majeure relief.

·       Chapter 32, “Limitations on Liability,” advises you to give tenants a limited deadline to sue you for lease violations.

·       Chapter 37, “Percentage Rent,” explains how to put a cap on gross sales exclusions that may generate a profit for the tenant.

·       Chapter 42, “Relocation of Tenant,” shows you how to negotiate and create an effective tenant relocation clause.

·       Chapter 44, “Renovation,” explains how to minimize tenant interference with your shopping center redevelopment.

·       Chapter 51, “Signage,” gives you 13 limits to put on a tenant’s pylon sign rights.

·       Chapter 52, “Special Agreements,” shows you how to set reasonable “time, place, and manner” rules for free speech activities at your shopping center.

·       Chapter 53, “Specialty Leasing Issues,” gives you 15 lease revisions to make when the tenant is a legal marijuana business.

·       Chapter 54, “Sublet/Assignment,” advises you to charge tenants a fee for processing their assignment and sublet requests, and to get the right to take direct legal action against defaulting subtenants.

·       Chapter 55, “Taxes,” explains how to get the right to use base year tax reductions to calculate tenants’ tax increase payments.

·       Chapter 56, “Termination,” explains how to give small tenants “key player” disability or death termination rights, and advises you to let tenants who can’t get bank loans terminate their lease.

·       Chapter 57, “Use,” offers a compromise on permitting non-retail uses in your shopping center, and shows you how to get the right to change the use of a specialty building or center.

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