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Offering any tenant rent relief is inherently risky.
Like so many landlords these days, you may be considering restructuring your lease to aid a percentage rent tenant that’s struggling to stay afloat. While avoiding a vacancy by helping the tenant stay in business is clearly in your interest, attorneys also preach prudence to landlords who engage in percentage rent lease restructuring. One seasoned Southern California attorney recommends a restructuring approach that he says has enabled his own shopping center landlord clients to:
