450 Sinclair Street
Reno, NV, 89501
The success or failure of a business can hinge on the terms of a commercial lease.
Before entering into a lease for a commercial space, it is imperative that a business owner understands the basic information every business owner needs to know about commercial leases, including:
● An overview of the Nevada laws applicable to commercial leases
● Types of commercial leases and the obligations and liabilities under the lease
● Basic leasing fundamentals and common pitfalls of commercial leases
● What is negotiable?
● Termination of a commercial lease and eviction process in Nevada for commercial premises
Please note that this class is not a substitute for legal counsel, and the presenters will not provide legal advice. If you need help with a particular legal issue, you should contact a licensed attorney.
Colton Loretz is a business law attorney based in the Reno / Sparks area with the law firm of Reisman Sorokac, a boutique business law firm serving both Northern and Southern Nevada. Colton is an alum of the University of Nevada, Reno and William S. Boyd School of Law. Go Pack! Colton practices primarily in mergers and acquisitions, commercial real estate, zoning and land use, licensing, and corporate transactions. In the M&A context, Colton enjoys creatively structuring deals for clients and educating clients on the process of buying or selling a business, its assets, and/or commercial real property for a client’s business. Depending on the proposed structure of a deal and the amount of groundwork that the client has already completed, Colton can assist by planning and cleaning up corporate records, drafting a letter of intent to purchase or sell, obtaining and negotiating financing, drafting the purchase and sale agreement or asset purchase agreement (as the case may be), completing due diligence on the business or real estate to be acquired / sold, and assisting in closing the transaction.