by Personalseo | Oct 19, 2019 | Tenant Representation, Tenant Tips
What Is a Tenant Improvement Work Letter? The tenant improvement work letter is essentially a contract to complete construction work in a commercial space. It is generally an addendum to the lease agreement involving third parties, architects, and commercial general...
by Personalseo | Sep 1, 2019 | Tenant Representation, Tenant Tips
Today’s digital world demands that most companies focus their real estate on maximizing utilization and efficiency while trimming costs. Here are three areas to consider to make the most of your space: 1) Utilize second-generation space This alone could save your...
by Personalseo | Jul 24, 2019 | Tenant Representation, Tenant Tips
What is the “reasonable wear and tear” condition of a premises? It is important to understand your landlord’s definition of this term when signing a new lease or renewal. This can prevent unexpected costs and stress when it’s time to move. A landlord wants to...
by Personalseo | May 20, 2019 | Tenant Representation, Tenant Tips
Commencement Dates The Commencement Date language in your commercial lease agreement is a particularly important detail not to be overlooked. As a tenant, you need to protect yourself against any unplanned delays in taking possession. If a new lease commences prior to...
by Personalseo | May 14, 2019 | Tenant Representation, Tenant Tips
The Major Difference Between a Sublease and Assignment Provision An assignment clause in your commercial lease can protect your company from obligation to a landlord if, for example, you need to vacate prior to your lease end or your company changes hands. With an...