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Sometimes, people rent spaces with the goal of making money off of doing so. They may feel that they can sublet parts of the space to bring in an income, saving them money on their rent. For example, a renter who leases a three-bedroom property for $1,000 may decide...
If you’re starting a private equity, venture capital or other investment business, its success and reputation will be dependent on one or more “key” people to make and manage investments. That’s why it’s wise to include a key man (KM) clause in the contracts of your...
As a commercial landlord here in Los Angeles, you will likely have to deal with the issue of subleasing at some point. Unless you unilaterally forbid subleasing specifically in your leasing contract for your commercial tenants, it’s quite possible that the current...
There are a number of types of commercial leases, as our readers likely know. One that isn’t talked about a lot is a full-service lease. These are most often used when leasing space in large office buildings. Basically, a full-service lease is similar to a gross...
Live/work spaces have become increasingly popular in recent years – particularly in cities like Los Angeles where real estate prices are among the highest in the country. However, it’s not really a new concept. People have lived above their stores, bars, restaurants...