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Utrecht & Lenvin, LLP is dedicated to providing exceptional legal representation to its clients, including real estate investment companies, developers, individual owners, private money lenders, residential and commercial landlords, property managers, trustees and commercial tenants.
Real Estate Law Developments
Special Drafting Issues When Leasing a Commercial Condominium
By Nancy C. Lenvin
Owners of commercial condominium units and their tenants-when the commercial unit is located in the project that also contains residential condominium units-have a significantly more complicated relationship than do their counterparts in buildings when the landlord owns the entire structure. Standard form commercial leases often do not contain provisions that address the unique relationship between owners and owners’ associations and the effect of that relationship on tenancies.
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