Commercial Leasing

Triple-Net (NNN) Lease Traps for First-Time Franchisees Leasing space for a franchise location often begins with a triple-net, or NNN, lease. At first glance, this structure seems straightforward: the tenant pays base rent plus their share of property taxes,...

By Tamer (Tom) Abdou, Esq. When negotiating a commercial lease, both landlords and tenants must understand the implications of a personal guarantee clause. For landlords, it offers financial protection. For tenants, it can expose personal assets to significant risk....

By Tamer (Tom) Abdou, Esq. In commercial leasing, a personal guarantor can provide landlords peace of mind, but requiring one too broadly can discourage strong tenants. Understanding when to ask for a guarantee and how to structure it properly ensures fairness for...

By Tamer (Tom) Abdou, Esq. For commercial tenants, few things are as stressful as the possibility of losing your space when a lease comes up for renewal. You have invested time, money, and energy into building your business at this location. A denied lease renewal can...

By Tamer (Tom) Abdou, Esq. Signing a commercial lease is one of the biggest commitments a business owner can make. Unlike residential leases, which tend to be standardized and short-term, commercial leases are highly negotiable, legally complex, and packed with...