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Silence is Golden in Lease Renewal Provisions

We previously wrote that commercial lease renewal provisions are void and unenforceable if they rely upon “market rent” with no mechanism to determine the market rent, but what happens when the renewal provision is completely...more

If It Walks Like a Lease, Talks Like a Lease: Leases vs. Licenses

There is a common misperception among landlords that licenses are more appropriate for smaller space even though the occupant is being granted exclusive use for a set period of time. As a result, you will often see documents...more

When are Unilateral Termination Rights in a Commercial Lease Enforceable?

We will often see a commercial lease that provides a right of termination to only one of the parties to the lease and it begs the question, “is this really a contract if one party can walk away at any time?” ...more

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