by brentlevison | Jul 2, 2026 | Tips
At some point during a commercial tenancy, most tenants will be asked to sign an estoppel certificate — often with a short deadline and little explanation of why it matters. Understanding what an estoppel certificate actually does, and reviewing it carefully before...
by brentlevison | Jul 1, 2026 | Tips
Before a formal commercial lease is drafted, landlords and tenants often exchange a Letter of Intent (LOI) outlining the deal’s key terms. Many businesspeople treat an LOI as a casual, non-binding formality — but depending on how it’s drafted, an LOI can...
by brentlevison | Jun 27, 2026 | Tips
Every commercial lease defines what constitutes a default and what remedies the landlord has when one occurs. These provisions are easy to overlook during negotiation — most tenants don’t plan to default — but they define exactly how much room for error a tenant...
by brentlevison | Jun 23, 2026 | Tips
A commercial lease renewal option is one of the more overlooked provisions during initial lease negotiation — tenants focused on the current term’s rent and buildout often leave renewal terms vague or entirely absent, only to face unfavorable terms (or no...
by brentlevison | Jun 18, 2026 | Tips
Most commercial tenants never think about their landlord’s mortgage — until the landlord defaults on it. An SNDA agreement is the document that determines what happens to a tenant’s lease if that happens, and without one, a tenant can find their lease...
by brentlevison | Jun 17, 2026 | Tips
A commercial lease is a long-term commitment — often five, ten, or more years. Business circumstances change over that time, and without a negotiated early termination right, a tenant locked into an unfavorable lease has very few options besides continuing to pay rent...
