By: Quino Martinez & Samantha Duran As the 46th president of the United States, Joe Biden has set some ambitious policy goals that will have far-reaching effects on the commercial real estate market. However, until recently, most experts …
Rental Acceleration Provisions in Commercial Leases
By: Shawn Rader If a tenant defaults upon payment of rent, the landlord does have a right to accelerate the balance of the rental due for the remaining lease term. This practice is not, however, …
Residential Leasing Made Simple?
By: Gary M. Kaleita Many investors who own and rent out single-family homes struggle with the selection of a form of residential lease to use, especially when starting their investment portfolio. If they go to …
Lease Provisions that Should be Re-Evaluated in a Post-COVID World – Part II: Maintenance Obligations, Assignment/Subletting, Insurance Coverage, Lease Security
By: Andrew Gluck & Nicole Cuccaro In Part I of this series, we discussed how COVID-19 had impacted almost every provision of a commercial lease, including the covenant of quiet enjoyment, continuous use provisions and …
Lease Provisions that Should be Re-Evaluated in a Post-COVID World – Part I: Force Majeure, Continuous Use, Quiet Enjoyment
By: Andrew Gluck & Nicole Cuccaro Almost six months into the COVID-19 global pandemic, it is apparent that the commercial leasing landscape has changed indefinitely. Going forward, landlords and tenants will need to re-evaluate certain …
Lease Tune-ups
By: Shawn Rader During this age of pandemic, lease modifications are going to be abundant. The silver lining to that necessity is that like renewals or assignments, they offer an opportunity to review the lease …
Automatic Subordination Clauses
By: Gary M. Kaleita Most Leases contain what are called automatic subordination clauses, pursuant to which the Tenant agrees that the Lease is subordinate to any Mortgages granted by the Landlord, whether they are already in …
Key Change to Florida Statute on Transferring Land & Real Estate (Part I): Lease Witness Requirement Waived
By: Joaquin “Quino” Martinez and Emmett Egger Effective July 1, 2020, witnesses’ signatures are no longer needed for residential and commercial leases. The amended Section 689.01, Florida Statutes, removed the requirement that a landlord’s signature on a …
Reading the Tea Leaves – July 2020
By: Timothy R. Miedona For commercial real estate landlords and investors, the upcoming month of July could prove to be a critical benchmark in terms of predicting the volatile net lease market. As you are likely …
Gebaide, Gluck, McNeill Present on AdventHealth Webinar
Lowndes shareholders Rachel D. Gebaide, Andrew M. Gluck and Greg McNeill were speakers for the “Financial Relief Webinar” presented by AdventHealth on April 23, 2020. They spoke on three important issues facing today’s businesses amid the COVID-19 pandemic: business interruption …