What About the Little Guys? The Top Issues for a Smaller Tenant to Negotiate in Its Lease
Probate and Property, November/December 2004, Volume 18, Number 6
By Janene A. Collins, Cynthia Thomas, and Ann Peldo Cargile
Statistics suggest that small businesses create more new jobs each year than big corporations. Yet, when reviewing the great questions in leasing, commentators often overlook the needs of smaller tenants, even though the vast majority of leases involve them. This article will focus on the small tenant’s essential concerns when executing a lease, how the landlord will respond, and how the lease can address the tenant’s concerns while still providing the landlord with the rights and remedies it needs.