Drafting Tips

Drafting Tips

Negotiating HVAC Rights, Responsibilities

October 31, 2010    

The heating, ventilating, and air conditioning (HVAC) equipment used at office buildings and shopping centers is very expensive. Many tenants worry that, if there are no provisions in their lease specifying which of the potential HVAC issues related to their space owners are responsible for...

Make Arbitration Work for You

June 18, 2009    

Many commercial leases include language about using arbitration in case any disputes arise between the owner and tenant. Arbitration often is viewed as a more economical, more private, and “friendlier” way to resolve disputes, compared to traditional legal action. But there can be...

Protect Your Storefront Signage During Building Work

October 28, 2008    

Owners want to be able to repair or restore their building whenever the need arises. But disputes often arise when an owner wants to remove or cover a tenant's storefront sign during building work. As a tenant, you want protection when the work requires the covering or removal of your...

Commercial Real Estate Terminology from A to Z

March 31, 2008    

It's no secret that most commercial tenants are at a disadvantage when it comes to dealing with their building owner's lease. In addition to the lease usually being written in favor of the owner, the terminology and conditions can be confusing. While you might think that the frequent use...

Ensure Prompt Repayment of CAM Overpayments

February 1, 2008    

Your lease probably requires you to pay annual CAM costs or operating expenses based on estimates that the owner calculates at the beginning of the year. At the end of the year, the owner must give you reconciliation items—such as a reconciliation statement and proportionate share...