When a real estate attorney is asked to assist a client with lease negotiations, the proposed landlord and tenant typically are individuals acting in their separate capacities, or taxpayer entities such as corporations, partnerships, or limited liability companies.
Representing Tax-Exempt Organizations in Lease Negotiations
While a typical for-profit client may have experience with lease negotiations or the benefit of an experienced broker, often the tax-exempt organization will not have this advantage and may, therefore, rely more heavily upon its attorney.
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