Renewal options in a lease provide a tenant with crucial flexibility by ensuring the tenant can remain in a desirable location. But what happens when the lease stipulates the rent during the renewal term will be at “fair market value” or “at the then-prevailing rate for comparable commercial office properties”…
Now that we have reviewed the terminology for non-fungible tokens (NFTs) in our March 4th issue, and you have chosen an NFT to purchase from our April 1st issue, it is important to review the terms of sale or other applicable terms. These may not always be easy to find….
Now that we have reviewed the terminology related to Non-Fungible Tokens (“NFTs”), you might be wondering how to purchase one. Below are some simple steps that you can take to purchase an NFT, although the complexity may ultimately depend on the NFT you purchase. 1. Understand NFTs Having background knowledge…
By now, you have probably heard about the craze of cryptocurrency and non-fungible tokens (NFTs). Before diving into NFTs, we thought it would help to provide a list of important terms and definitions to guide your understanding of the world of NFTs. In later articles, we will go into more…
At the start of the year, we often conduct self-assessments to review where we are in our personal lives and to set future goals. Just as we do this with ourselves, business owners should periodically review the status and maintenance of their business and its intellectual property. Below is a…