Small Business Real Estate Series, Part III: Personal Guarantees to Commercial Leases

imodium usa By: David Brnilovich Part II of the Small Business Real Estate Series focused on commercial lease negotiations. As indicated in the blog, commercial leases are typically extensive, including dozens of pages of terms with numerous exhibits, addenda, rules and regulations. One of the most important, yet least understood, attachments to…

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Understanding Radius Restrictions in Commercial Leases

aspirin prescription weigh By Bruce B. May Radius restrictions are common in commercial leases that include a percentage rent provision, under which a tenant pays a percentage of the revenue generated from its premises in addition to base rent.  Since a landlord does not want the percentage rent generated by the premises diluted…

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