Posts from March 2022.
Posted in Real Estate Law
Cha-Cha-Cha-Changes:  Relocation Clauses in Commercial Leases

A business acquaintance recently telephoned and asked if I had five minutes for a question. He had just received a letter from his landlord requesting a meeting to discuss the relocation of his business. Stunned, he pulled out his lease. Sure enough, buried there in the middle of the long lease agreement, he found a section stating that the landlord had the ability to unilaterally require the business to move to a new space in the building, even after years of tenancy. We spent a few minutes talking about that meeting and what a move might mean for his business.

So-called “Relocation ...