"Shopping Center and Store Leases" delves into the customs of trade and the underlying business realities faced by all parties, through an extensive analysis of merchandising, retailing, financing, construction, insurance, taxation, bankruptcy, antitrust and condemnation. You’ll receive a thorough grounding in how the shopping-center business works - and how to deal with questions like these when you draft or negotiate a lease: How can a landlord draft a use clause that really restricts the tenant’s use? How can a tenant draft an exclusive clause that limits competition from other merchants? Should a tenant agree to a subordination clause? How should construction delays affect that all-important date when rent payments are scheduled to begin? How can a landlord negotiate a greater percentage of rent from a "profit center" tenant who requires a specially carved area? What are the advantages of a tenant-build supermarket lease? This valuable book also contains the latest information on fast-food restaurants, including a form lease. This book is updated as needed, generally two times each year.
