JawLaw Podcast
JawLaw Podcast
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jlmcgregor
jlmcgregor

Excess Consideration

Excess Consideration

5/13/2021 11:24:16 AM   |   Comments: 0   |   Views: 177

Ever wonder what hidden provisions lurk inside your lease, waiting to bite when you least expect it? An increasingly common problematic provision is “excess consideration,” where a landlord may obligate you to hand over whatever you make from the sale of your practice. In this episode Joe McGregor discusses the concept of lease assignments, the reason landlords seek “excess consideration” clauses, and why you should never agree to one. 

 


Excess Consideration

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