Compare and Contrast: FDDs and Franchise Agreements Many prospective franchisees, and–quite frankly–many franchisors, are confused as to the difference between the FDD and the Franchise Agreement. The FDD is simply...
Read moreMost commercial retail leases are triple net leases. The “triple” stands for (i) taxes (ii) insurance and (iii) maintenance. Taxes: This is pretty straightforward, as the landlord will simply pass...
Read moreApril 10, 2016 – Orlando Florida Tom Spadea presented a session on “Top Lease Clause Negotiations” to over 200 Jersey Mike’s franchisees attending the National Franchise Conference held in Orlando...
Read moreWhat are the key terms that a prospective tenant of a commercial lease should consider prior to signing a commercial lease? A prospective tenant should consider negotiating the following key terms in...
Read moreThe following is a list of the top ten commercial lease clauses about which a tenant should be most concerned. Here is my top 10 list for the most negotiated...
Read moreAttorney Tom Spadea interviewed on Franchise Today by host Paul Segreto. Paul and Tom discuss the nuts and bolts of landlord and lender negotiations and how the same, done effectively,...
Read morePennsylvania is one of the only states in the country that still enforces Confession of Judgment clauses in a commercial lease. If you are entering into a commercial lease in...
Read moreIt can seem quite daunting when first faced with a commercial lease that is filled with pages of terms and conditions. How does a potential tenant decide the important issues?...
Read moreRecently I have received a lot of calls from people around the country who are astounded to receive bills from their Landlord for their commercial lease with huge increases in...
Read moreWhy does someone need an attorney to review the retail lease; isn’t it just all boilerplate? The answer to that is, absolutely not. Although many leases have similar clauses, it...
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