To review another party's form commercial retail lease adequately and completely, one must analyze all the attached exhibits. Do the exhibits to the lease either supplement the lease or potentially modify its terms and conditions. This article covers: 1) commencement date memorandum; 2) estoppel certificates; 3) exclusives and prohibited uses; and 4) rules and regulations.
Paul RobeznieksTo review another party's form commercial retail lease adequately and completely, one must analyze all the attached exhibits. You cannot stop your review at the signature block.
The question one needs to consider is whether the exhibits to the lease either supplement the lease or potentially modify its terms and conditions. The answer to this question will ultimately be of value during the term of the lease, when the lease terms and conditions are being administered.
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