The underwriting and due diligence involved in determining the financial viability and creditworthiness of a prospective commercial tenant and the methods by which landlords obtain comfort with regard to a prospective tenant's ability to perform its obligations (payment or otherwise) under a lease are concepts that all commercial leasing lawyers come to understand very early on in their careers.
How Sweet Is the Pot?
This article offers considerations for tenants when evaluating the terms of a particular tenant inducement ' in this case, a tenant improvement allowance coupled with free rent ' and the means by which tenants can protect against losing the benefit of their bargain.
By
Andrew R. AllenThis premium content is locked for LawJournalNewsletters subscribers only
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