Commercial leases: Security for rent

Mark Shelton Training | Property Law Journal | December 2021 #393
In an uncertain market, security of performance when it comes to tenants’ obligations continues to be important. Mark Shelton investigates the various options The main drawback with rent deposits is that a tenant may not be able to put up the required funds. Even if it can, many tenants will not want to lock up …

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Absolute prohibitions in leases: Taking control

Mark Shelton Training | Property Law Journal | September 2019 #374
Mark Shelton considers the intricacies of covenants seeking to limit tenants’ actions ‘Absolute prohibitions usefully give landlords a high degree of control. However, there may be significant disadvantages.’ Landlords typically seek to exercise control over what tenants may do upon a property by provision in the lease that certain things may only be done with …

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