In the emerging world of multi-jurisdictional practices, law firms are struggling to establish their practices beyond the states in which they began. In State-By-State Guide to Commercial Real Estate Leases, preeminent commercial leasing practitioners throughout the United States have gathered the statutes in their respective states and added to them discussions of their practical relevance and applicable case law. For those topics addressed in that state's statute, The relevant portion of the statute is cited as well as included. Also, where applicable, contributors added commentary to further explain the application of the statute, citing general principles, As well as case law. Included in this invaluable resource are answers to questions such as: Are indemnifications legal? How are evictions conducted? Do security deposits have to be segregated? Do landlords have to mitigate damages? Can a tenant assign its lease without restriction? is there a rent tax? What are the recording and notary requirements? What is the maximum default interest rate? Do state taxing authorities have rights in the tenant's property? Are automatic renewals allowed?.
State-By-State Guide to Commercial Real Estate Leases