In this article, you'll learn:

• How reviewing a landlord's financials can protect you from potential defaults.
• Why including self-help clauses in leases safeguards essential services.
• The importance of placing tenant improvement funds in escrow accounts.
• How a Non-Disturbance Agreement (NDA) protects tenants during foreclosure.

We hate to say it, but for many tenants, there’s not much you can do now. The time of reckoning is here and if you’re in an existing lease, there’s a 1 in 3 chance that your landlord is at risk of defaulting.
While existing tenants still may get some leeway in renegotiation, if you didn’t have a good representative when your original lease was ironed out, you may be in big trouble. In the case that your landlord defaults or hands their keys back to the bank, you’ll likely be subject to the unique circumstances of the new arrangement.
However, if you are still looking for new space despite the rocky environment, you have a lot to benefit from. Record low vacancies are empowering prospective long-term tenants to drive the best possible deals for their interests. But, this also means that there’s more pressure than ever to skillfully draft leases to protect these deals. Because if something sounds too good to be true, it just might be. In this article we will discuss some of the tactics and safeguards that can protect corporate tenants, even if tragedy strikes.