Commercial Real Estate Leases Part 2

National Business Institute: Commercial Lease Seminar Presented by D. Christ Albright, Esq. A. TURNKEY (LANDLORD BUILD) v. TI ALLOWANCE (TENANT BUILD). TURNKEY CLAUSE EXAMPLE (Landlord build) All the Tenant Improvements described above, if any, shall be performed by Landlord at its cost and expense using Building standard materials and finishes and in the Building standard […]

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Commercial Real Estate Leases Part 1

National Business Institute: Commercial Lease Seminar Presented by D. Christ Albright, Esq. A. ASSIGNMENT AND SUBLETTING CLAUSES ASSIGNMENT/SUBLEASE RESTRICTION CLAUSE EXAMPLE Tenant shall not assign, mortgage or encumber this Lease, or sublet or permit the Premises or any part thereof to be used or occupied by any party other than Tenant and Tenant’s agents and […]

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