Ann E. Ryan and Adrienne B. Koch Leasing After COVID, Part II: Tenant Security
The pandemic has highlighted vulnerabilities in two of the most popular forms of tenant security—guaranties and security deposits. In Part 2 of their series "Leasing After COVID," Ann Ryan and Adrienne Koch examine the impact of the pandemic on each of those types of security and offer some suggestions for landlords going forward.
September 07, 2021 at 10:00 AM
8 minute read
Ensuring that a tenant's obligations under a commercial lease are adequately secured has always been an important part of the leasing process. Without proper security, many of the remedies in a lease may not be worth the paper they are written on: if the tenant's coffers are empty, security may be the landlord's only financial recourse.
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