Condition Signing New Lease on Amending Others

Condition Signing New Lease on Amending Others



If you're like some retail businesses, you've grown and opened new stores at multiple locations. And if you've been happy with the owner of the space you rented for your first store, you may have rented space for your other stores at the owner's other properties. But if you were a risky tenant when you started out, you may have signed a lease that isn't very favorable to you. It's common for tenants that rent several spaces from the same owner to sign subsequent leases that “conform” to the terms of the first lease.

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