Key Considerations in Negotiating Commercial Lease Work Letters | Practical Law

Key Considerations in Negotiating Commercial Lease Work Letters | Practical Law

A Practice Note discussing certain key provisions found in work letters for commercial leases. This Note examines tenant and landlord considerations for common work letter provisions, including initial due diligence, hiring professionals and contractors, plan approvals, and improvement allowances. State and local laws affect lease agreements, but the guidance contained in this resource is useful and relevant to landlords and tenants in every state.

Key Considerations in Negotiating Commercial Lease Work Letters

Practical Law Practice Note w-021-0983 (Approx. 23 pages)

Key Considerations in Negotiating Commercial Lease Work Letters

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note discussing certain key provisions found in work letters for commercial leases. This Note examines tenant and landlord considerations for common work letter provisions, including initial due diligence, hiring professionals and contractors, plan approvals, and improvement allowances. State and local laws affect lease agreements, but the guidance contained in this resource is useful and relevant to landlords and tenants in every state.