Posts by steve
Negotiating Commercial Leases (Part 2)
Signing a commercial lease is often one of the first significant financial commitments that an entrepreneur will be required to make to his or her new business venture. Landlords will generally demand a personal guaranty of the lease by the business owner(s), requiring personal assets to be placed at risk. Accordingly, any prospective tenant should…
Read MoreNegotiating Commercial Leases (Part 1)
At some time in the life of their business, most business owners will find occasion to lease commercial space. While owning business real estate can be desirable, many businesses cannot afford a significant cash outlay, particularly at the development stage. For those contemplating a new lease or lease extension for your business, the purpose of…
Read MoreBuyers Beware!
Following is an article that I published in the Fall 2009 Quarterly of the International Business Brokerage Association: Caveat Emptor is one of those Latin phrases we lawyers learn in law school. It means “buyer beware”, and is a fundamental principle of English common law that governs business transactions. It means that the buyer of…
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