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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

This is a business disruption which will impact all commercial leasing activities going forward. Qualified Commercial Tenants Have Two Categories Who is a Qualified Commercial Tenant? The statute introduces the definition of “qualified commercial tenants,” targeting those who require enhanced safeguards in lease negotiations.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller.