The National Law Forum

The Blog of the The National Law Review

Category Archives: Real Estate

Attention Tenants! Grow-NJ Tax Credits Without Prevailing Wage

A little known regulation makes a big difference for tenants taking less than 55% of a leased facility. Namely, these tenants may be eligible to receive millions of dollars of monetizable corporate income tax credits under New Jersey’s Grow-NJ Program, without having to comply with that program’s prevailing wage mandate. For many, especially suburban tenants, …

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Chicken Restaurant Case Serves Up A Bucket of Sound Contract Principles for Commercial Leases

  In Tufail v. Midwest Hospitality LLC, 2013 WI 62, the Wisconsin Supreme Courthighlighted the importance of including precise language in commercial leases, especially if the lease includes an integration clause. The court confirmed that when dealing with a fully integrated lease, it is guided by the terms of the lease as written rather than by extrinsic evidence …

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