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Commercial Lease


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OT- but anyone with experience with commercial leases? I spent about 9 hours going through one for a client (tenant) yesterday. 53 pages of legalese, springing traps, hidden clauses that override basic rights, etc. etc. Confessions of judgment, personal guarantees, security interests in belongings- all incredibly slanted toward the landlord (large corporate owner of shopping centers).

I basically rewrote the entire lease and fired it back to their legal department yesterday but no word yet. Just curious how flexible they'll be- in this economic environment. I thought it took a lot of guts to stuff the lease with a wish list like this. But I am a rookie at this, so I don't have any past history to put their demands in perspective.

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