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COVID-19 Commercial Leasing Trends (Part One)
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For years, upward-only rent reviews have been a cornerstone of the UK commercial property market, offering landlords and investors a reassuring degree of income security and predictability....more
Broadly speaking, according to the Florida Department of Revenue, each Florida sale, amusement park admission, storage unit and rental is taxable (unless it falls under an exemption, such as nonprofits). More specifically,...more
Idaho’s Supreme Court recently issued a new opinion discussing the requirements to form a valid lease agreement. Unfortunately, the case raises as many questions as it answers....more
The Consumer Price Index for Germany (CPI) is both updated monthly in line with current price developments and, as a rule, subjected to a fundamental revision at five-year intervals and switched to a new base year....more
Eine Indexklausel, auch bekannt als Wertsicherungsklausel, findet sich in vielen gewerblichen Mietverträgen. Mit einer Indexklausel sollen inflations- und deflationsbedingte Wertveränderungen sowohl zugunsten als auch...more
2020 has been an unprecedented year, and, while there are likely more twists and turns to come before December 31st, it is essential to look at how the real estate markets have changed this year and which trends are likely to...more
Trends in Real Estate Litigation - Commercial Landlords and Tenants Take Their COVID-Related Lease Disputes to Court - The slow-burning standoffs between commercial landlords and tenants in the COVID-19 pandemic are...more
Effective as of January 1, 2020, the Florida state sales tax rate applicable to the lease of commercial real property has decreased from 5.7% to 5.5%. Therefore, the state will levy a 5.5% sales tax on all rent collected...more
Enforceability of Electronic Agreements in Real Estate Transactions - Increasingly, and not surprisingly, more and more transactions are being created, negotiated, finalized and executed electronically. From a real...more