Commercial Leasing Basics: Rent Reviews – Getting agreed rent adjustments right

An integral aspect of commercial leases is the configuration of ‘rent reviews’ according to which rent is adjusted and agreed intervals during the lease term. These intervals are the agreed review dates. The rental payable by the tenant after each scheduled review date is adjusted in accordance with an agreed formula that is set out [...]

2022-03-10T04:39:33+00:00March 10th, 2022|Business Advice, Property|Comments Off on Commercial Leasing Basics: Rent Reviews – Getting agreed rent adjustments right

Assignment of a Lease: When Can a Landlord Refuse to Consent?

We are often approached by landlord clients who are faced with the following tricky decision: Should I consent to a lease assignment (transfer) at my commercial property in circumstances where the proposed new tenant has few assets and little business experience? It is a stressful decision, particularly where the current tenant looks to be in [...]

2020-05-12T04:31:36+00:00September 5th, 2018|Business Advice, Contracts, Property|Comments Off on Assignment of a Lease: When Can a Landlord Refuse to Consent?
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