Q: My brother and I inherited several acres of commercial property from our parents. The land came with a poorly written lease. The lease was for 50 years with no escalation clause for the rent. The ...

Kilpatrick partners Brian Gaudet and John Livingston recently presented on construction contracts, lease agreements, and other real estate ...

Before leasing land, it is important for developers to understand the benefits of using a lease-option structure instead of jumping straight into a leasehold. By deliberately separating and sequencing ...

Net lease real estate is a type of commercial property investment where the tenant, rather than the landlord, is responsible for paying some or all of the property's operating expenses in addition to ...

A Tax Court case decided last year, Stough, 144 T.C. No. 16 (2015), illustrates the need for tax planning in drafting and negotiating real estate lease agreements, particularly those involving prepaid ...

A triple net lease, often abbreviated as NNN lease, is a type of commercial real estate lease agreement where the tenant takes on significant responsibilities beyond just paying rent. In a triple net ...

The negotiation phase is a critical opportunity for tenants and landlords to tailor the lease terms to best suit their respective business objectives and risk tolerance. Negotiating is a multi-stage ...

A gross lease in real estate is a commercial lease where the tenant pays fixed rent while the landlord covers most property operating expenses, including taxes, insurance, utilities, and maintenance.

A lease agreement is for the exclusive use of space. The University will enter into a lease agreement with outside entities (i.e. governmental or state agencies, or private entities) for the rental of ...

In any given year — as a commercial real estate professional — approximately 50% to 85% of our transactional volume is generated from lease originations and lease renewals. The balance occurs with ...

As is the case with all contracts, as the saying goes, the devil is in the details. Whether you are a landlord or tenant, it is important to understand the potential implications of the insurance and ...

CEO/Founder of Smart Property Systems, Jack of all Trades in charge of delivering a best in class solution to customers. I was on the phone one day with a property manager from Chicago. He called to ...