Sublease & Assignment Clause Commercial Lease

Why Your Commercial Real Estate Lease Needs Assignment and Sublease Clauses

There will be times when your business needs to vacate a commercial space before the existing lease expires. There are a number of reasons why this might be necessary including going out of business, selling the business, or you need to expand and lease more space however the existing building cannot accommodate your needs. Whatever

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common area maintenance charge retail lease

What are Common Area Maintenance Charges (CAM) in Commercial Retail Leases?

When renting commercial retail space IN ADDITION to paying pre-negotiated base rents Tenants are also responsible for paying their pro-rata share of triple net charges (NNN). Triple nets are the taxes, insurance, and common area maintenance charges that Landlord’s pass 100% of the costs to Tenants. The common area maintenance (CAM) charge is one of

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