Recent
A franchisor and a franchisee’s landlord both benefit when the franchisor is given an opportunity to cure a tenant default, but the devil can be in the details.
Franchisors and landlords both benefit when the latter is required to notify the former of a franchisee lease default.
In commercial lease negotiations, one of the most important clauses in these documents is the assignment of the franchisee’s rights in the lease to the franchisor.
Historic use restrictions on a shopping center can sink the aspirations of an unwary landlord or tenant and leave brokers scratching their heads.
Two recent client situations remind me of a critical lease issue that sometimes gets overlooked.
Lease negotiations are traditionally a two-party activity