Tuesday, 29 November 2011 02:00

Standard Terms is a myth

So-called “standard terms” invariably mean pro-landlord terms because leases are drafted by landlords, and they’re naturally protecting their interests. You wouldn’t expect them to do otherwise

Typical landlord leases have about 3 pages of Tenant Obligations and maybe 5 lines of Landlord Obligations, and given that they have drawn up the lease, you wouldn't expect the bias to be any different

Whether in good times or bad (but it makes uncommonly good sense to do it now emphasises Michael Schirnig of Alchemy Advisors), all companies need effective methods for evaluating corporate property portfolios to identify needs and opportunities and to develop strategies that improve performance

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