When the COVID-19 pandemic arrived, everyone had an immediate, visceral reaction to review their force majeure clauses. Shortly thereafter, articles touting the implications of contractual force ...
The use clause is one of the most consequential provisions in any restaurant lease—and one of the most overlooked during negotiations. I’ve seen restaurant owners spend weeks negotiating rent, free ...
You are a retail tenant and it’s time to renew the lease on your current location, but when you contact your landlord, there’s a major problem. Another business in the same industry has also signed a ...
Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur navigating the world of commercial real estate, you may encounter the terms “use clause” and “exclusive rights” ...
Exclusive use clauses are not uncommon in shopping center leases. Tenants often request these clauses to prevent the landlord from renting space to other tenants who are competitors. Ideally, a ...
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