An Overview on Commercial Leases

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Questions:

1. Definition of commercial lease (what kind of premises are included)

2. Mandatory requirements related to the lease contracts (e.g. form, specific issues to be concluded)

3. Review of common restrictions and obligations a tenant can expect to have imposed

4. Whether and how the operating expenses of the property are passed to the tenant(s)

5. Provisions for the payment of rent including the review period, and increasing the rent

6. Term of lease, conditions of termination

7. Sublease; assignment of a lease

8. Important tax issues (e.g. technical appreciation of the premises and deductibility for tenants, etc.)

Jurisdictions:

1. Czech Republic (written by Peterka & Partners)

2. Belgium (written by Vanden Eynde Legal)

3. Greece (written by D. & F. Dimitriou & Associates)

4. Latvia (written by Loze, Grunte & Cers)

5. Singapore (written by Goodwins Law Corporation)

6. Spain (written by Brosa)

7. Sweden (written by Hellström)

8. Turkey (written by Ozcan & Natan)

9. Ukraine (written by Peterka & Partners)

10. USA (written by Wolf Block Schorr and Solis-Cohen LLP)

Please see full article below for more information.

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Published In: General Business Updates, International Trade Updates, Residential Real Estate Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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