Just Elementary, Inc. » Entries tagged with "Lease Assignment"
Negotiating Retail Lease Terms – Base Rate, Lease Indexing, CAM, NNN, Personal Guaranty, Lease Assignment
When it comes to negotiating a retail lease, it is important to consider all of the terms and the entire lease. In this blog post, we will focus on a few of Lease Terms that are important to negotiate The Base Rate in Gross Lease Versus a Net Lease NNN & CAM Charges Lease Indexing: Fixed versus Variable Personal Guaranty Clause Lease Assignment Clause Here is a presentation by Commercial Business Broker Pramod Patel discussing the terms listed above. First we’ll discuss … Read entire article »
Filed under: Commercial Leasing, Negotiation
Negotiating the Personal Guaranty Clause for Retail Commercial Leases
What to do about a Personal Guaranty in a Retail Commercial Lease If you are attempting to lease a retail commercial space, one of the the numerous things to negotiate is the tricky subject of the personal guaranty. It is tricky because property owners have justification for asking for a Personal Guaranty. Naturally, a lessee (tenant) would prefer not offer a Personal Guaranty. In this post, we’ll discuss some of the things that can be negotiated … Read entire article »
Filed under: Commercial Leasing, Negotiation
Books & Records and Your Lease Two Factors That Impact the Attractiveness of Your Business to Potential Buyers
Two Tips to Sell Your Business Easier for a a Higher Price In most cases, there will come a time when the timing will be right to sell the business. To maximize the value of your business, you will want attract as many qualified buyers as possible. What are the things you can do to make your business as attractive as possible to maximize your buyer pool? Here are two topics that we’ll address in this post: #1. … Read entire article »
Filed under: Business Tips, Commercial Leasing, Selling A Business
Negotiating Lease Assignment Clauses for the Sale of a Business
An often overlooked and under-negotiated clause in any commercial lease is the lease assignment clause. No matter how long your lease is, and how long you plan to maintain ownership of the business, you need to negotiate a good lease assignment clause for proper exit strategy planning. What are some common things to consider in a lease assignment clause? Lease Assignment Fee Landlords will usually write into leases a fee for their time and consideration of your request … Read entire article »
Filed under: Commercial Leasing, Landlord, Negotiation, Selling A Business
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