Business Law class:
“An understanding of the nature of property is imperative, because at the heart of many transactions is the acquisition, rights to possession of use, or sale of personal or real property. Clearly, these transactions are central to many businesses and the livelihoods of the people involved in business. When thinking about acquiring property, it is important to know not only whether the property is “right” for [you] or for your business but also about the rights and duties associated with acquiring it, the protections afforded to you by law as the owner of it, and how to transfer it to another party at the time of sale, lease, or licensing the right to use. Additionally, liability often attaches to property, and limiting one’s liability is at the heart of what your study of law should encourage you to do.” Page 195.
8 (SKIM AND ANALYZE) Ohlone Shopping Center Retail Lease.pdf
Instructor note: This is a sample retail lease contract that I drafted for this homework assignment. It is fairly accurate, including the numbers (with regard to how much a property along Mission Boulevard adjacent to Ohlone might lease for), in that it typifies what you might see in an actual commercial retail lease contract. But please note that the dates regarding notice may not reflect reality. This is so especially given the fact that many of these contracts are often sample forms created by the companies or their associations and are often written in favor of sellers/landlords. I drafted this lease agreement in a way that is slightly less pro-seller/pro-landlord, and I also excluded some other provisions that you might see in more involved contracts. This assignment draws upon the knowledge you gained in both Chapter 6 and Chapter 8.
After reviewing the above PDF, imagine the following scenario. Ohlone College sold some land to a development company, for purposes of building a mixed-use shopping complex, adding to the historic Mission San Jose Town Center area. Your name is “OHLONE ALUMNI ENTREPRENEUR” and you want to set-up shop in this shopping center, located at 888 OHLONE BOULEVARD in Fremont, CA. You plan to earn money selling apparel created by artists, designers, and small businesses local to the Fremont Tri-City area. This commercial retail lease agreement was executed on Tuesday, September 3, 2019 between you and “OHLONE LANDLORD PROPERTIES.” But prior to this, you had asked your legal counsel to answer some questions you had about the negotiated lease provisions –
Assume: (1) You have no memory problems such that you very clearly remember the answers that your lawyer provided to each of your questions; and (2) You retained a competent lawyer who correctly answers your questions. With these givens, how did your lawyer answer these following questions –
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more