Business Services Industry

The tenant commandments - Commercial Sales & Leasing

Real Estate Weekly, March 10, 2004 by Robert C. Epstein

Conclusion

The "Tenant Commandments" is a leasing checklist for tenants, and as many of the checklist items as possible should be covered in the lease term sheet (which, although typically non-binding, does carry moral weight). Obviously, the leverage of the respective parties, as determined by the market, will dictate how each of these items is resolved. A failure to sufficiently consider the Tenant Commandments before signing a lease could result in problems that make the "Ten Plagues" pale in comparison.

ROBERT C. EPSTEIN, ESQ., REAL ESTATE LAWYER

COPYRIGHT 2004 Hagedorn Publication
COPYRIGHT 2004 Gale Group

 

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