Part 11 – last Article blog
11. Lender issues: Landlords will frequently reject tenant’s suggested lease modifications because they would impair the “financeability” of the property, so the tenant must understand lender concerns. In general, the lender’s primary concern is the assurance of uninterrupted cash flow; anything that might jeopardize cash flow will be carefully scrutinized. Sensitive lease provisions generally include tenant remedies such as rent abatement, offset rights (deducting damages against rent) and lease termination rights.
Successful negotiation means more than just the rent As noted above, each step of the commercial lease process and each provision of the lease agreement provides ample opportunity to improve the deal, and conversely, expose the landlord or tenant to costly and unnecessary expense. The successful negotiation will focus on more than just rent. By reducing risks and avoiding surprises, the frantic calls for help may be a thing of the past.
Posted on April 5, 2012, in Contract negotiation, Strategic analysis, Tenant representation, Tenant's rights and tagged attorney, broker, Business, Landlord, Law, lawyer, Lease, Leasehold estate, Leasing, Maintenance repair and operations, Negotiation, office leasing, Real estate, real estate professional, Studley, tenant representation, Tenant rights, Ty Lufman, Ty Lufman commercial real estate Studley Tyrone Lufman attorney lawyer Denver Colorado broker tenant representation. Bookmark the permalink. Leave a comment.
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