If you are exploring commercial spaces to rent, you have likely come across the term "triple-net lease" or its abbreviation, NNN. It is one of the most common lease structures you can encounter, but it deserves a closer look to see if it fits your current situation....
Commercial Real Estate
What is a variance in a real estate context?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jan 29, 2026 | Commercial Real Estate
As a business owner, you are looking to purchase new real estate to expand your operations. You know that whatever property you buy will need extensive renovations, so you have been talking to construction companies to get the job underway. You are going to invest a...
How do market shifts impact commercial properties?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 18, 2025 | Commercial Real Estate
Many people look at commercial properties as being a safe investment, but there are economic factors that can reduce the safety level of the investment. Knowing how some of these may affect specific properties can help investors to plan ahead for issues, as well as...
Is environmental cleanup required in commercial property sales?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Sep 8, 2025 | Commercial Real Estate
Selling or buying commercial real estate in Tennessee often comes with more than just price negotiations. Environmental concerns can affect whether a deal moves forward, the property’s value, and the legal obligations of both parties. One common question is whether...
What protections exist for TN tenants in landlord bankruptcies?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Aug 8, 2025 | Commercial Real Estate
If your commercial landlord files for bankruptcy, you may face serious concerns about your lease. Will the terms still apply? Can someone else take control of the property? Tennessee law offers protections that help you maintain your lease rights during a landlord's...
How can tenant laws affect your commercial lease agreement?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jul 8, 2025 | Commercial Real Estate
When you enter into a commercial lease agreement in Tennessee, it’s essential to understand how the state's tenant laws can impact your lease terms and obligations. Tennessee has specific laws that can affect how leases are structured, how disputes are handled, and...
What are common commercial lease disputes and how to avoid them?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Apr 28, 2025 | Commercial Real Estate
Commercial lease disputes are a common challenge for landlords and tenants alike. They often arise due to misunderstandings, unclear lease terms, or unexpected circumstances. By understanding the common causes of these disputes, you can avoid costly and time-consuming...
Crucial sustainability regulations to know
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Mar 27, 2025 | Commercial Real Estate
When developing commercial real estate, using environmentally friendly practices isn't just a trend but a requirement. Whether renovating a new office building or revamping an old store, developers must comply with the state’s sustainability regulations. These rules...
Questions to ask about the arbitration clause in your contract
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jan 6, 2025 | Commercial Real Estate, Construction
An arbitration clause in a contract requires the parties to settle any disagreements through arbitration instead of traditional court litigation. It is an alternative dispute resolution process that involves an independent third party, called an arbitrator, who hears...
How are air rights shaping Nashville’s skyline?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Nov 11, 2024 | Commercial Real Estate
Nashville's skyline is reaching new heights, quite literally. As the city grows, developers are looking for opportunities, which has brought air rights into the spotlight. The sky's the limit Air rights refer to the space above a property. In bustling cities like...
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