business and personal contracts
Contracts may involve a business transaction or something more personal. In either case, they should be regarded with the respect they deserve. Contracts include those for the sale and purchase of real estate, business contracts, shareholder agreements, commercial leases, residential leases, agreements for the purchase of goods and services, prenuptial and postnuptial agreements, declarations affecting condominium and homeowners' associations, and many more. Careful consideration should be given to the terms and provisions of every contract and to which provisions to include and which to exclude. Such decisions are best made with the advice and guidance of an experienced contracts attorney.
Below are examples of contract provisions which should be included or might be considered, depending upon the nature of the contractual matter and the facts involved:
In a commercial lease: base rent, percentage rent, and rent escalation; CAM ("Common Area Maintenance); Personal Guaranty; Term of Lease; Assignment and Subletting; Permitted Uses; Signs; Tenant's options if permitting cannot be obtained within a reasonable time; Events of Default; Remedies; Subordination, Non-Disturbance, and Attornment Agreement (SNDA); and Good Guy Clause.
In a residential lease: rent; security deposit; pets; smoking; utilities included; maintenance; notices; late fees; assignment; default; remedies.
Below are examples of contract provisions which should be included or might be considered, depending upon the nature of the contractual matter and the facts involved:
In a commercial lease: base rent, percentage rent, and rent escalation; CAM ("Common Area Maintenance); Personal Guaranty; Term of Lease; Assignment and Subletting; Permitted Uses; Signs; Tenant's options if permitting cannot be obtained within a reasonable time; Events of Default; Remedies; Subordination, Non-Disturbance, and Attornment Agreement (SNDA); and Good Guy Clause.
In a residential lease: rent; security deposit; pets; smoking; utilities included; maintenance; notices; late fees; assignment; default; remedies.