Steve Watten – Strasburger & Price LLP

Coordinating Work Letters With The Contractor

The construction of leasehold improvements is not a simple process. As such, much care must be taken in coordinating the provisions of the work letter (attached to the lease) with the duties and obligations of the contractor…more
| Commercial Law & Contracts, Construction Law, Real Estate - Commercial

How To Minimize Construction Default Consequences

The abandoned construction project can present a nightmare for a property owner. This article details precautions an owner can take pre-construction to minimize the consequences of a failed project…more
| Bankruptcy, Commercial Law & Contracts, Construction Law, Finance & Banking, Real Estate - Commercial

Leasing Issues For Franchisors And Franchisees

Franchises (especially nationally recognized ones) can be valuable tenants for any project. However, when leasing to a franchisee, a landlord must recognize that these entities require special consideration. This article…more
| Business Organizations, Commercial Law & Contracts, Zoning, Planning & Land Use, Franchise Law, Real Estate - Commercial

Reps, Warranties, Good Faith and Fair Dealing

While representations and warranties are important provisions in any agreement, the concept of good faith and fair dealing is an often over looked issue that could cause interesting problems if the transaction falls apart. This…more
| Commercial Law & Contracts, Real Estate - Commercial

Structuring Joint Venture Agreements

The relationship between developers of real estate and investors can be complex. This article sets out the basic terms and conditions that must be addressed by the parties when forming a joint venture/partnership with the intent…more
| Commercial Law & Contracts, Finance & Banking, Securities Law, Real Estate - Commercial

What's In A Site Plan?

While a Site Plan is generally considered as just one of the several preliminary documents used by development partners to plan the future development of a particular site, it can have serious ramifications, for years to come,…more
| Commercial Law & Contracts, Zoning, Planning & Land Use, Real Estate - Commercial

Costly Importance of "Another Set Of Eyes"

The failure to carefully proof our work product is painfully reflected in this article courtesy of, my eagle eye partner, Pat Owens…more
| Commercial Law & Contracts, Professional Malpractice, Real Estate - Commercial

Exclusive Covenants and Radius Clauses

Some of the more negotiated(and often overlooked)provisions of a lease in the retail environment are the covenants and restrictions dealing with exclusivity and radius. Failure to address these issues can cost both the landlord…more
| Commercial Law & Contracts, Real Estate - Commercial

Negotiation Strategies and Tactics

Basically this article details the "Art of the Deal" from the legal side of the table. It sets out strategies and tactics employed by many of our colleagues during the negotiation process. Even if you choose not to take…more
| Commercial Law & Contracts, Real Estate - Commercial

Securing Lease Obligations

In any economy it's important to employ techniques to insure/secure lease performance. This article summarizes the many ways a landlord can shore up performance obligations of the tenant…more
| Commercial Law & Contracts, Real Estate - Commercial

POA Bills Under Consideration In Texas

A compilation of proposed POA Bills in the Texas Legislature compiled by my friend (and consumate POA expert) Sharon Reuler…more

Sobering Real Estate News

Sobering real estate assessment from our friends at UBS…more
| Real Estate - Residential, Real Estate - Commercial

The Devil's in the "Drafting" Details

A timely reminder to take care in the preparation of our product thanks to my ever vigilant drafting expert and partner, Pat Owens…more
| Commercial Law & Contracts

Lease Provisions that ("May" ) Matter

While the "boiler plate" provisions of any contract are tedious to review, there are several provisons that merit a closer look, especially in today's real estate market. This article identifies 10 lease provisions that have…more
| Commercial Law & Contracts, Real Estate - Commercial

10 Insurance Basics For Landlord and Tenants

Insurance provisions in leases are very important and yet can be very confusing. This article presents 10 basic questions every lawyer should ask when reviewing insurance provisions on behalf of a client…more
| Commercial Law & Contracts, Insurance, Real Estate - Commercial
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