What is a Commercial Lease?
A Commercial Lease is a document (lease) between a landlord and a tenant of a commercial building (non-residential). Ins some cases there are different rules that apply to this relationship.
Frequently Asked Questions
Independent Legal Advice (“ILA”) refers to legal advice given by a lawyer who is not involved in the transaction with the client. ILA is usually required by lenders and other sophisticated parties who want to ensure that their clients are fully informed of the content and consequences of a transaction. ILA should be obtained by any person who is self represented and who is involved in a transaction where all, or some, of the parties are represented by the same lawyer.