COMMERCIAL LEASE

A big part of the success of a business is its location and customer access. However, a large number of small and medium-sized businesses do not own their offices, stores, or facilities, but lease them from commercial landlords. It is important for business tenants to get the best price, location, and amenities to be successful. It is important for the landllord to get the best rent, cover its costs of maintaining its property, and get stable rent-paying tenants. In this more sophisticated tug-of-war, form leases are frequently inadequate to address the issues unique to each party’s business. Having an attorney draft, examine, or negotiate a commercial lease can assist the landlord or the tenant to get the best deal possible. As with real estate purchase contracts, such assistance can help you identify what might be vital issues to the deal that are buried in the 30 plus pages of lease terms, including signage rights and expenses, availability of parking, and restrictions on certain business activities.