Most commercial retail leases are triple net leases. This means the landlord passes through the Landlord’s expenses to maintain the common areas to the tenants on a pro-rata basis. These expenses generally include real estate taxes, property insurance and CAM. CAM is an acronym for "Common Area Maintenance." It is...
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Legal Services
The Holden Law Firm provides high quality counsel and legal services to business owners, employers, landlords, and tenants. Located in the Twin Cities, The Holden Law Firm helps clients find optimal solutions to business legal issues they face. We advise clients on the best approach to ensure compliance with the law....
Forming a Small Business
For the small business owner looking to form a business the best option is to either operate as an LLC or a Minnesota S Corporation. The greatest advantage is that both provide limited liability for the owners, which means that the owners are not personally liable for business debts and...