Landlords often push longer lease terms, offering better pricing or other incentives to sweeten the deal. Yet without flexibility, a small business locked in a long-term lease may suffer should it encounter unexpected growth or decline. Limiting the duration of a real-estate lease to one to two years will better suit the needs of less mature businesses. A real estate lawyer in Chicago can help you negotiate renewal options with reasonable limits on rent increases. (article continues … [Read more...]
Did You Receive a Notice of Lis Pendens?
Lis pendens, a Latin term that means “pending litigation,” is a notice pronouncing that a suit has been lodged against… READ MORE
