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Best Commercial Lease Clauses, 14/e

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Best Commercial Lease Clauses, 14/e | 760 pages | Softcover | Digital Chapter Downloads | 150+ Editable Model Tools in Word

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. 

BONUS: Your purchase includes access to digital downloads of every chapter as well as 150 fully customizable Model Tools in Word, including model lease clauses, agreements, and notices—saving you hours of time and effort.

Complimentary Chapter: Security Deposit
This instant download gives you what you need to know about negotiating a security deposit clause that’s in your best interest. Make sure that your security deposit clause includes these 12 important points...GET IT NOW


What's New in This Edition...

Not only does the new edition offer digital downloads of every chapter that can be easily printed or shared, the 14th Edition includes a new chapter, Chapter 35: Notice, which shows you how to rework your lease notice provisions for the pandemic world.

The following chapters have been updated as follows:

Chapter 1: Abandonment, explains how you can limit your duty to mitigate damages after a tenant abandons its space.

Chapter 5: Attorneys’ Fees, shows you how to keep guarantors on the hook for attorneys’ fees.

Chapter 10: Concessions, tells you how to prevent rent abatements from reducing future CPI-based rent increases.

Chapter 16: Default, explains how to require tenant notice of default to avoid surprise claims in court.

Chapter 23: Expansion & Contraction Options, shows you how to protect yourself when giving tenants an option to contract.

Chapter 33: Limitations on Liability, shows you how to limit liability for negligence and COVID-19 infection.

Chapter 36: Operating Expenses, explains how to limit financial risk when granting tenants an operating expense cap.

Chapter 40: Radius Restriction, shows you how to set rent escalation as liquidated damages for the tenant’s breach of its radius restriction.

Chapter 41: Recapture, explains how to give a retailer the right to “go dark” in exchange for your right to recapture the space.

Chapter 50: Security Deposit, shows you how to protect yourself when letting tenants tap their security deposit to pay rent.

Chapter 51: Self-Help Right, discusses self-help eviction of tenants that don’t pay rent.

Chapter 54: Specialty Leasing Issues, gives you 11 lease protections you need when leasing furnished office space, and 12 protections to get when leasing to medical tenants.

Chapter 55: Sublet/Assignment, gives you 10 limits to set when letting a franchisor assign or sublet without consent.

Chapter 56: Taxes, explains why and how to compromise on tax hikes resulting from the sale of the property early in a tenant’s lease term.

      Chapter Contents:

        1: Abandonment; 2: Access to Premises; 3: ADA & Liability; 4: Alterations; 5: Attorneys’ Fees; 6: Audits; 7: Bankruptcy; 8: Buildouts; 9: Commencement of Lease; 10: Concessions; 11: Condemnation; 12: Consent; 13: Continuous Operation; 14: Cotenancy; 15: Damage & Destruction; 16: Default; 17: Description of Premises; 18: Dispute Resolution; 19: Electricity; 20: Environmental Issues; 21: Estoppel/Lender Agreements; 22: Exclusives; 23: Expansion & Contraction; 24: Exterior Appearance; 25: Force Majeure; 26: Guaranty; 27: Holdover; 28: Insurance; 29: Lease Signature; 30: Letter of Credit; 31: Letter of Intent; 32: Liens; 33: Limitations on Liability; 34: Memorandum of Lease; 35: Notice; 36: Operating Expenses; 37: Parking; 38: Percentage Rent; 39: Pre-Lease Agreement; 40: Radius Restriction; 41: Recapture; 42: Refusal Right; 43: Relocation of Tenant; 44: Renewal of Lease; 45: Renovation; 46: Rent Escalation; 47: Rent Payment; 48: Rent Reduction/Deferral; 49: Safety & Security; 50: Security Deposit; 51: Self-Help Right; 52: Signage; 53: Special Agreements; 54: Specialty Leasing Issues; 55: Sublet/Assignment; 56: Taxes; 57: Termination; 58: Use; 59: Work Letters

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