.. Startups

... LANDLORDS ARE RISK ADVERSE, MAKING STARTUP SPACE DIFFICULT TO FIND - Owners are risk adverse, and prefer tenants with strong operating histories and sound financials. Startups typically do not have these. It is therefore much more difficult to find startups office or professional space, and almost impossible to find them retail space. ADDITIONALLY, Owners usually require a security deposit of 4 - 6 months' rent for office space, and from 6 to 12 months' rent for retail space (during the dot.com boom, many owners required 12 to 24 months' rent as security). BOTTOM LINE - startups must be very, very well financed.

... I REQUIRE A 6-MONTH EXCLUSIVE & A (REFUNDABLE) DEPOSIT of $3000 - These difficulties require that startup clients execute a 6-month agreement giving me the exclusive right to find space for them over this period, and, additonally, make a (refundable) payment of $3000. If a lease originated in that 6-month period is executed, the $3000 is refunded; if not, the $3000 is forfeited.