Regardless of where you fall on the political spectrum, it cannot be denied that the United States has elected a businessman as its president. In that sense alone, business owners may find themselves especially attuned to the seismic shifts in the economic landscape. Restaurant operators have very specific legal issues to keep an eye out […]
In our most recent blog post, we explored Common Area Maintenance fees, otherwise known as CAM charges. It is a term that appears rather frequently in searches for information on commercial leases and refers to expenses beyond monthly rent such as taxes, insurance and maintenance. In this post, we will use the term as a […]
CAM Fees: A Closer Look at Commercial LeasesYour idea has become an institution. Alright, maybe it is too early to refer to it as an institution, but if you are thinking in the long-term, there is one feature in your lease that you should become familiar with. That would be the CAM fees. CAM stands […]
Commercial Space: A Home for Your IdeaYou rent an apartment or buy a house and you have a dwelling for body and spirit. It is a home for you. Lease a commercial space and that is where your brainchild resides. It is a home for the idea you hope will pay for that apartment or […]
Discovering Exclusivity ProvisionsIf you overhear discussion regarding an exclusivity provision, fear not, you are not eavesdropping on a robot couple’s conversation about commitment. Rather, what you may have stumbled upon is a matter regarding a commercial lease. The scenario most likely involves another business setting up shop within a predetermined perimeter, offering a service or […]
A tenant is a tenant, right? From a landlord’s perspective, as long as rent is paid and paid on time, what is the difference? Anyone following this line of logic is forgetting one thing, the lease. A lease is a legal document where the property owner conveys a property interest to another for a specific […]
Commercial Litigation: Breach of Contract ClaimsContracts are involved in most business relationships and form the basis of lawsuits where one or both parties have breached the terms of the agreement. H. Benjamin Sharlin counsels clients through the pursuit or defense of these claims and provides guidance as to the most cost-effective and practical options. There […]