The Not So Simple Truth About Entering Into a Commercial Lease Agreement

Lavelle Law • April 29, 2024

A Lavelle Law Breakfast Briefs Presentation

A logo for lavelle law breakfast briefs with a man in the background

June 12, 2024

7:45 AM – 9:00 AM

1933 N. Meacham Rd., Suite 127

Schaumburg, IL 60173


Just Want a Simple Lease Agreement? Think again. Many people and businesses think that the simpler a lease agreement is, the easier their life will be. The truth is, if you are handed a 3-page commercial lease, unfortunately, it is likely to be rife with pitfalls and does not fully protect you. Things can go wrong – and you don’t want to be trapped in a 10-year lease with no way out. Navigating and negotiating the intricacies of a commercial lease and all its legal terms can present many challenges, especially in Illinois’ ever-changing market. It is imperative, as a tenant or landlord, to gain a thorough understanding of these complexities before attempting to negotiate your own lease. Having this foundation will facilitate a more amicable and mutually agreeable leasing relationship, which is essential for any business to be successful in the current business environment.



Join us for this seminar as Lavelle Law attorneys Kelly Anderson and Chance Badertscher will unpack the complexities of Illinois commercial leases in order to prepare you for strong leasing relationships.


Doors will open at 7:45 for a complimentary continental breakfast and the presentation will begin at 8:00. Registration is required as seating is limited. No walk-ins.

Register
Kelly a. anderson and chancer w. baderschur are pictured in circles



MEET THE PANEL


Kelly Anderson is a shareholder of Lavelle Law who concentrates her practice in the area of real estate, both commercial and residential. Kelly provides her clients with the knowledge, education, and guidance needed to negotiate and protect their interests in whatever real estate transaction they are entering.


Chance Badertscher is an experienced associate attorney in Lavelle Law’s real estate practice group, having worked with individuals, investor clients, and businesses in their real estate pursuits. Chance provides his clients with his expertise, support, advice, and explanation of the risks involved in their real estate transactions.

More News & Resources

Lavelle Law News and Events

Consolidated Omnibus Budget Reconciliation Act (COBRA)
By James P. Berg April 27, 2026
Losing a job or experiencing a change in employment status can be stressful, particularly when it impacts health insurance coverage. The Consolidated Omnibus Budget Reconciliation Act (“COBRA”) provides a critical safety net by allowing employees and their families to continue employer-sponsored health coverage.
Success Story - Strategic Defense in Probate Property Dispute
By Probate Litigation April 27, 2026
In a contentious probate matter involving a disputed deed to residential property, our client, the administrator of the estate, seeks to recover assets after the deed was recorded by the decedent’s neighbor.
Major life events, shifts in financial status, and changes in the law can affect your estate plan.
By Heather A. McCollum and Gabriel P. Kokoszka April 14, 2026
Major life events, shifts in financial status, and changes in the applicable law can all affect your estate plan, and those changes may require you to make some edits to your documents. So, this spring, dust off your estate plan and consider the following 8 circumstances that signal an update is needed.
IRS Announces Filing Season is Progressing Smoothly
By Timothy M. Hughes April 10, 2026
The Internal Revenue Service recently announced that it is seeing the 2026 filing season have a rise in tax refunds. With the April 15th deadline approaching, the IRS stated that there is a smooth pace at which taxpayers are getting their refunds, with the high use of electronic filing.
Join our session to learn legal tips for successfully launching or growing a business!
By Lavelle Law April 3, 2026
Launching or growing a business? Don’t get tripped up by the legal stuff that can make or break you. Join us for this free seminar on May 13, 2026, and learn key legal tips for entrepreneurs.
Experienced business attorney Kerry Lavelle breaks down the three main avenues for buying a business
By Kerry M. Lavelle March 24, 2026
Thinking about buying a business? There’s more than one way to do it, and choosing the right path can save you time, money, and headaches. In this video, experienced business attorney Kerry Lavelle breaks down the three main avenues for buying a business, along with the pros and cons of each.
Lessons from the Chance the Rapper Manager Dispute
By Anthony V. Letto March 19, 2026
A lawsuit involving Chance the Rapper and his former manager, Pat Corcoran, highlights a costly lesson for businesses, creatives, and entrepreneurs alike: handshake deals can lead to million-dollar disputes.
Lavelle Saves Client $330K with Strategic Timing and Collaboration
By Tax Group March 18, 2026
Our client was haunted by non-dischargeable federal tax liabilities of over $400K from a business venture. After strategic timing and working with our Bankruptcy team, $330K was written off by the IRS before we filed Chapter 7 for the client, and he suffered no adverse results from the four-month delay.
Join Lavelle Law on April 9, for our Business After Hours!
By Team Lavelle March 13, 2026
Play Ball with Lavelle Law on April 9! Step up to the plate and join our annual Business After Hours event, hosted in the friendly confines of our Schaumburg office. Bonus points: Feel free to rock your favorite baseball team’s gear and show off your fandom while you’re at it! Free event for SBA members!
IRS Announces its Dirty Dozen Tax Scams for 2026
By Timothy M. Hughes March 10, 2026
The IRS announced its annual Dirty Dozen list of tax scams for 2026 that threaten the tax and financial information of taxpayers, businesses, and tax professionals. The Dirty Dozen is part of a broader campaign conducted by the IRS to educate taxpayers about identity theft schemes and other forms of fraud.
More Posts