@DietCoke_Esq absolutely unless the buyer is very well capitalized. Even then, a bad boy guaranty is the market standard so they have some skin in the game and don't steal
@shaydeofgold@CRELeasingLawTX Completely agree. I am on team landlord/tenant
I also avoid Purchaser and use buyer since auto correct can change it to Purchase
@nathan_e_hill Give it a shot in the front end.
I work on about 100 retail leases annually.
Just creating the section number and topic is a massive time saver.
You’re in CLE. DM me if you want to connect with a local retwit friend
Great Point - I have worked multiple takings for commercial leases in the last 24 months. Every time the county widens a road, common areas for shopping centers are impacted
People often ignore takings (eminent domain) clauses in leases because it’s sort of rare for them to happen but let me assure you…when it does happen…it’s not fun. And even worse, even if you don’t ignore the clause when you’re negotiating, if a relevant taking happens, it doesn’t matter how well-drafted the lease is or whether you’re the Tenant or the Landlord. It’s gonna suck.
@shaydeofgold If the recipient is viewing the “tracked changes” version on an iPad or iPhone it does not show the changes. This is one reason PDF comparisons are circulated. Industry standard for commercial transactions is usually to use Litera to generate PDF redline and send a clean draft