• Features

    Work Letter 'What Ifs': Practical Solutions to Possible Problems

    Melissa Vandewater

    Part One of a Two-Part Article
    The work letter agreement of the lease sets forth the rights and obligations of the landlord and the tenant relating to the construction of improvements at the leased premises. To help anticipate problems and mitigate associated risks, this two-part article summarizes six "what if" scenarios that should be considered by landlords and tenants when negotiating Work Letters.

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  • Features

    Landlord Harassment of Commercial TenantsWhat Can Be Done?

    Janice G. Inman

    Part One of a Two-Part Article
    Landlord harassment of tenants is a common problem, not only in the housing arena, but also in the commercial leasing sector. Certainly, landlords often have good reasons to be angry with their tenants. However, a landlord that resorts to bullying tactics does so at its own risk.

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  • Features

    Landlord Solutions For Avoiding Uncertainty

    Mitchell W. Abrahams and Jason R. Finkelstein

    Key Considerations When Negotiating Personal Guarantees to Commercial Real Estate Leases
    In today's commercial real estate market, uncertainty is about the only real thing that is certain. In this period of flux, where landlords no longer enjoy the same position of strength and leverage they once had over prospective tenants, it is critical to try and negotiate independent guarantees that best suit each particular deal and (hopefully) hedge against the downside of a potential tenant default and resulting litigation.

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  • Features

    Long-Term Leases In PA

    Martin J. Doyle, Stanley Kull and Igor Pleskov

    In a case decided on Oct. 17, 2016, the Commonwealth Court of Pennsylvania rejected a long-standing position taken by the Pennsylvania Department of Revenue dealing with when renewal periods must be added to the initial term of a lease for realty transfer tax purposes.

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