Under “baseball” style arbitration the arbitrator, when making his determination, must select as the outcome of the arbitration either one party’s proposed outcome or the other party’s proposed outcome.
The arbitrator cannot make his own determination. When parties are required to resolve a dispute through baseball Continue reading “Baseball arbitration – a modest suggestion for improvement”
Why does the concept of “rentable” area exist at all? When one purchases a gallon of gas, one gets a gallon; when one purchases a ton of wheat, one gets a ton; when one purchases a yard of fabric, one get a yard. So why, in real estate, do we all speak of the rentable area of a building or a portion of a building? Does it make sense that we do so? To me, no, it does not.
It seems to be generally accepted (although I’ve never seen it documented) that the concept of “rentable” area emerged Continue reading “Rentable Area: A fictitious concept.”
This blog will be devoted to notes — primarily from a legal perspective — of interest to commercial tenants.
Commercial Tenant Notes 