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Reading Your Commercial Lease Part 9: Final Lease Provisions You Can't Ignore
Beyond the primary provisions discussed above, several additional lease clauses deserve careful attention. Particularly important for retail and healthcare tenants, exclusivity provisions prevent landlords from leasing to direct competitors within the same property.
Reading Your Commercial Lease Part 8: Protecting Your Personal Assets
Personal guarantee provisions are among the most serious components of any commercial lease - and the one that can have the most devastating personal financial consequences if your business struggles.
Reading Your Commercial Lease Part 7: Tenant Improvements - Who Pays for What and When
Tenant improvement (TI) provisions determine who pays for customizing the space to meet your operational needs and can represent one of the most significant financial components of your entire lease agreement.