Categories
Real Property Law

Negotiating an Office Lease? Avoid These 4 Deal-Breaking Positions

With the large dollar amounts, aggressive parties, and difficult time constraints involved, thinkstockphotos-507721014office leases are some of the toughest contracts to negotiate. Chances for a successful negotiation are best if the attorneys maintain consistent, well-reasoned positions that readily balance their clients’ goals and the need for compromise. On the other hand, a successful agreement is unlikely if the attorneys adopt stubborn or disingenuous stances.

Here are four deal-breaking positions to avoid when negotiating an office lease:

Categories
Bankruptcy Law Landlord/Tenant Law Legal Topics Real Property Law

Commercial Landlords Face Limits on Recovering Future Rent from Bankrupt Tenants

Commercial bankruptcies continue to soar, leaving frustrated landlords hung out to dry by bankrupt tenants. After filing for bankruptcy, a commercial tenant has a limited time to either assume or reject its lease as an executory contract. This election has significance to both the tenant and the landlord.