It’s been reported that Millennials don’t want to inherit the furnishings that their Baby Boomer parents have accumulated.\u00a0 Commercial landlords often have a statutory or contractual lien right in their tenants’ furnishings to secure the tenants’ obligation to pay rent.\u00a0 They want that security interest – but sometimes, like Millennials, they don’t want the stuff itself, even when the tenant stops paying rent.\u00a0 On February 23, Dean Alterman gave a presentation to the Leasing Group of the American Bar Association’s Real Property, Trusts and Estates section on how to recognize the competing interests of landlord, tenant, the landlord’s lender, the tenant’s lender, and the tenant’s vendors when drafting a commercial lease.<\/p>\n","protected":false},"excerpt":{"rendered":"
It’s been reported that Millennials don’t want to inherit the furnishings that their Baby Boomer parents have accumulated.\u00a0 Commercial landlords often have a statutory or contractual lien right in their tenants’ furnishings to secure the tenants’ obligation to pay rent.\u00a0 They want that security interest – but sometimes, like Millennials, they don’t want the stuff […]<\/p>\n","protected":false},"author":1,"featured_media":264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,7],"tags":[],"class_list":["post-262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dean-alterman","category-leasing"],"jetpack_featured_media_url":"https:\/\/alterman.law\/blog\/wp-content\/uploads\/2022\/02\/Abandoned-toy-store.jpg","_links":{"self":[{"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/posts\/262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/comments?post=262"}],"version-history":[{"count":1,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/posts\/262\/revisions"}],"predecessor-version":[{"id":265,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/posts\/262\/revisions\/265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/media\/264"}],"wp:attachment":[{"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/media?parent=262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/categories?post=262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alterman.law\/blog\/wp-json\/wp\/v2\/tags?post=262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}