• Putting absurd provisions in a New York commercial lease agreement, could come back to hurt landlords.

    Kiritsis Law Offices. Phone: (212) – 922 – 0005. Written By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M Courts try making sense in their rulings, not nonsense. Doing so is both common sense and prudent governing policy. Parole evidence challenges can successfully subject a properly written and legally binding lease. New York Statute of Fraud provisions have a timeline of 3 years. “Additional rent” is an important concept in New York landlord-tenant law. Under unique or exceptional circumstances…

  • Can a New York commercial lease agreement for real property be ruled as being illegal and/or fraudulent?

    Kiritsis Law Group Phone: (212) – 922 – 0005. By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M Yes, in certain situations. However, the chances of a commercial lease being illegal or fraudulent are low if the lease is well-planned, carefully drafted, properly reviewed, and properly executed. A gross lease could function as the equivalent of a net lease. Gross leases often favor the tenant. Net leases often protect the landlord’s interests. Regarding net leases, parties should distinguish between …

  • A look at the New York Statute of Frauds with regards to real property lease agreements.

    Law Offices of Kiritsis & Associates. Phone: (212) – 922 – 0005. Author: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M Lawyers should look at the New York Statute of Fraud’s underlying legal authorities to decode NJSF lease provisions, turning abstract legal concepts to applied legal theories. A triple net lease is a type of net let lease. All triple net leases are net leases, but not all net leases are triple net leases. Landlords often favor net leases because they absolve landlords from dut…

  • Are oral leases legally permissible/enforceable when it is regarding New York real property?

    Kiritsis Law Offices. Phone: (212) – 922 – 0005 Written By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M Yes. Oral leases are ill-advised compared to written leases. Oral leases can be legally valid and binding under the proper circumstances. Correctly spelling the lessor’s and lessee’s names is crucial when drafting and reviewing leases. A well-written lease should entirely describe the property. When addressing rent in a lease, parties should carefully spell out the proper sum of the rent. Ren…

  • The differences between gross versus net leases.

    Kiritsis Law Group. Phone: (212) – 922 – 0005. By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M In this author’s opinion, gross leases and net leases are different in degree, not in type. New York real property law does NOT include personal property. The lease should describe specific uses a party may utilize the property. The lease should spell out any exclusive use provisions for the premises. The lease should provide who controls what parts of the property. Depending on the individual county a…


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