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Commercial Leasing Cheat Sheet

Challenging retail conditions are leading to a period of reinvention in the leasing space.

Newly vacant spaces are allowing both landlords and tenants to experiment with more service-based stores as well as pop-up concepts.

But despite this, landlords and tenants are still entering into leasing agreements.

This cheat sheet explains a number of key clauses and gives practical tips to help avoid disputes, including:

  • Notifying the tenant of any intended works
  • Limiting the scope of clawback clauses
  • Notifying the tenant that the bank guarantee is irrevocable
  • Negotiating a higher bank guarantee
  • Introducing guidelines to collect information from a new tenant efficiently