Hurricane season is officially underway, and the National Oceanic and Atmospheric Administration (NOAA) is predicting an above-normal season.
Hurricane season runs from June 1 to November 30, and the agency is estimating...more
6/6/2025
/ Commercial Leases ,
Commercial Real Estate Market ,
Disaster Preparedness ,
Flood Insurance ,
Hurricane Season ,
Landlords ,
NOAA ,
Property Damage ,
Property Insurance ,
Risk Management ,
Tenants
During commercial leasing negotiations, landlords and tenants will often extensively negotiate the terms of a cap on the controllable operating expenses under a lease. Often, however, the issue of whether the cap will be...more
Almost six months into the COVID-19 global pandemic, it is apparent that the commercial leasing landscape has changed indefinitely. Going forward, landlords and tenants will need to re-evaluate certain common lease provisions...more
9/24/2020
/ Business Interruption ,
Commercial Leases ,
Commercial Tenants ,
Continuous Use Requirement ,
Contract Modification ,
Contract Terms ,
Coronavirus/COVID-19 ,
Covenant of Quiet Enjoyment ,
Force Majeure Clause ,
Infectious Diseases ,
Landlords ,
Rental Property ,
Retailers
As the COVID-19 or novel coronavirus pandemic continues, landlords have increasingly received communication from distressed tenants requesting rent relief and, in some circumstances, lease termination....more