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Recapture of Abated Rent If Tenant Defaults

Recapture of Abated Rent If Tenant Defaults

In today’s market, it is common for landlords to give fully or partially abated rent as a lease concession to tenants.  Occasionally the abated rent is staggered throughout the term (e.g., one month’s rent is abated every year), but more often the abated rent is front-loaded at the beginning of the term.  Abated rent is factored into the overall economics of a lease deal, based on the tenant’s payment of rent during the entire length of the term.  Landlords should make sure that the lease allows the landlord to recapture the abated rent in the event of a tenant default.

Read the rest of this blog entry at: http://rrlawaz.com/2011/05/recapture-of-abated-rent-if-tenant-defaults/

This blog has permanently moved to: http://rrlawaz.com/blog/

Commercial Tenant Eviction Process

Commercial Tenant Eviction Process

Important Note: This blog entry applies to commercial leases only and does not apply to residential leases.  Residential tenants have broad statutory rights under the Arizona Residential Landlord and Tenant Act.  Eviction of a residential tenant almost always requires court action.  See A.R.S. 33-1301 et seq.

This blog entry describes the process for evicting a commercial tenant in Arizona that is in default due to failure to pay rent or some other lease default. …

To read the rest of this blog entry, click here: http://rrlawaz.com/2011/01/commercial-tenant-eviction-process/

This blog has permanently moved to: http://rrlawaz.com/blog/