03.17.2016

|

Articles

Restaurant Leases present many of the same issues found in other retail settings. For example, any careful tenant, restaurant or otherwise, should always perform a due diligence investigation of the premises to be leased and the project in which it is located, including review of: (a) all documents of record for such matters as restrictions on use, pass-through costs, and parking restrictions; (b) the survey; (c) the Phase I environmental report; and (d) the property condition report.

Reprinted from the May 2016 issue of ALI CLE's The Practical Real Estate Lawyer.