Consider a counteroffer they can't refuse - an alternative to options, rights of first refusal, and rights of first offer

Article Abstract:

For commercial tenants seeking to expand their leases, rights of first refusal and rights of first offer are two of the most used methods.

Commercial and Institutional Building Construction, Commercial Buildings, Nonresidential construction, not elsewhere classified, Contracts, Commercial construction

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Casualty provisions that preserve a tenant's lease value

Article Abstract:

Long-term leases that favor tenants can be considered by them to be valuable assets. Leases often do not protect those assets, in the event of fires or other major casualties. Tenants can protect their "assets" by seeking lease terms that obligate landlords to restore premises, should any casualty occur. Landlords may not agree to such terms, however. Tenants can also seek terms that require landlords to buy out leases, should major casualties occur.

Nonresidential building operators, Lessors of Nonresidential Bldgs, Lessors of Nonresidential Buildings (except Miniwarehouses), Landlord and tenant, Landlord-tenant relations, Commercial building landlords

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A borrower's guide to doing business with a securitizing lender

Article Abstract:

Borrowing from a securitization or conduit lender is expected to provide greater benefits once the market turmoil in early 1999 subsides. A well-informed borrower will be able to take advantage of the pricing efficiency and other benefits of these types of loans while handling the complexity of the loan documents and loan requirements.

Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Services, Mortgage banks

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