by Stephen C. Duringer, Esq., The Duringer Law Group, PLC
Question I am about to enter into a five-year term lease for an industrial unit in Southern California. The unit has been vacant several months and I do not want to lose this deal, seems like good tenants are kind of few and far between lately. We have agreed on just about all of the deal points except a couple. At the last minute, the tenant requested the lease be prepared with a subsidiary of his company rather than the parent company, saying it is for ‘tax reasons.’ Additionally, he wants to make the use provision extremely broad rather than specific allowing him to do just about anything in the premises without having to get my permission. He knows I need to lease the space, but I am not sure I want to give in on these points, what are my options?