Commercial Building Lease

Commercial Leasing? Renting a commercial space instead of purchasing a commercial real estate is an excellent decision. Just consider that there are certain laws . Hire a commercial landlord tenant lawyer to help and negotiate the best deal on a commercial lease. Also, verbal agreements are not durable; be sure everything is exact in the agreed upon commercial lease. It is possible for a commercial eviction to take place.

Are you or someone you know ready to sign a commercial building lease? Contact our Landlord Tenant Lawyers before committing to renting commercial property. Aside from new commercial building leases, our landlord tenant lawyers can also help to resolve any landlord or tenant issue in a current signed commercial building lease.

Some of the following should be included in a commercial building lease:

• Rent amount is due when with any extra late fees
• Time length of the lease
• Conditions to renew the lease
• Leasing deposit
• Letter of credit
• Space details (square footage, allotted parking)
• Landlord’s improvements list
• Property restrictions on renting to competitors
• Assurances of business zoning
• Commercial sublease
• Termination of lease agreement
• Rent includes utilities, like phone, water, or electricity
• Responsibility of maintenance expenses, building insurance and property taxes

The tenant has more leeway in negotiating a commercial lease agreement rather than with a residential lease. It is important to know the neighborhood before negotiating amount for the lease. If planning to have a long term commercial building lease an option might be to have the landlord make needed and extra improvements. Some long term leases are easier to negotiate when it comes to property improvements because of the time length commitment. A shorter lease means less commitment and the landlord may not make added improvements for the short term risk. Either way, make sure your commercial tenant rights are protected

Our landlord tenant lawyers can represent you or someone you know in negotiations. They can research zoning laws, city / county ordinances and advice on the local market conditions.

Some critical negotiating areas that landlord tenant lawyers help in commercial lease terms include:

• Lease default
• Recapture
• Restoration
• Sub-lease
• Buy-Out

Are you or someone you know ready to sign a commercial building lease? Contact our Landlord Tenant Lawyers before committing to a commercial building lease. Aside from a new commercial building lease, our landlord tenant lawyers can also help to resolve any landlord or tenant issue in a current signed commercial building lease.