During the COVID emergency of 2020, many commercial borrowers and commercial tenants suffered loss of revenues and fell into arrears on their scheduled mortgage or rent payments. Business revenues fell either because the businesses were required to be closed by...
Month: May 2021
Negotiating a commercial lease
Most companies do not own the facilities from which they conduct their business. The agreement by which a business rents space from the owner of the property, called either a landlord or a lessor, is called a lease. Leases can be either oral or written. Pennsylvania...
