Can a commercial tenant rescind its lease after becoming aware that both the landlord and itself were mistaken as to the property’s land use requirement? This article will discuss and analyze California case law regarding the remedy of rescission applied to parties...
How do you know if you got served a valid 3-day notice to pay rent or quit? What are the kinds of things to look out for? Is my 3-Day Notice to Pay Rent or Quit Valid? In one of our earlier blog posts, 3-Day Notices in Commercial Leases, we discussed the importance of...
There are many aspects to consider when purchasing commercial real estate property. The process usually takes time and involves many parties. Initial considerations include the reason, location, and budget of your investment. Afterwards, the focus turns on the process...
Security Deposit California Civil Code 1950.7 In the commercial landlord-tenant market, landlords are always at risk that their commercial tenants will prematurely abandon the lease. When this happens, without the applicable waiver, commercial landlords cannot offset...
Commercial Tenancies Commercial tenancies are governed by statute and the terms of lease. This blog discusses two provisions in commercial leases addressing damages and mitigation issues that arise when tenants prematurely cancel their lease. California Civil Code...
There are a couple of issues to look for when negotiating co-tenancy clauses in commercial leases. Retailers like Macy’s, J.C. Penney, Sears, and Toys-R-Us are considered “anchor tenants”; big-name businesses that bring traffic to a shopping center. Because anchor...
