Important Commercial Lease Clauses - Part Deux

This is the second of a multi-part series of shows where we discuss selected lease clauses, on air with legal and real estate experts.

During this show, my featured guest, Jeff Vinzani and I will be discussing, time permitting the following common commercial lease provisions that are often overlooked and misunderstood:

• Security Deposits & Letters of Credit, both "pre" and "post" foreclosure;
• Lease Execution & Who is the tenant obligated on the lease?
• Non-Waiver;
• Holdover & Surrender.

Jeff Vinzani is a Partner in the Charleston, South Carolina office of Nexsen Pruet, LLC.  Among other things, his law practice is concentrated in general business law with major emphases on complex real estate and finance transactions. His real estate experience includes a wide range of matters including commercial, office, retail, resort and industrial development and leasing. Jeff has served as the Chairman of the Real Estate Practices Section of the South Carolina Bar and Chairman of the Developers Council of the Charleston Metro Chamber of Commerce. He is also a member of the International Council of Shopping Centers and is the founder and moderator of the ICSC Group on LinkedIn.