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Why you need an attorney to help you with your commercial lease

On Behalf of | Jun 13, 2016 | Commercial Real Estate |

When you’re ready to negotiate a lease for commercial property, it’s important for you to understand all the terms and conditions you will be agreeing to. Because there isn’t a standard agreement, the owner of the property can create a lease that works for them. You want to make sure that lease works for you, too, and to do that you will want to negotiate.

But what should you ask for? What do you want to change? How can you protect yourself? These are all important questions, and can be good reasons to have an attorney on your side.

An attorney can negotiate your lease for you

We understand that commercial leases can be confusing, and that you don’t want to end up agreeing to a lease that isn’t going to be in your best interests. The strength of the current market will play a big role in how much you can ask for (and get) in your lease, and we know the market well. If it’s hard for the landlord to rent the building, you can get better terms in your lease. The owner just wants to get it rented, and will likely agree to terms that would not be possible with a building that was much more desirable. With the right attorney, you may get a much better deal on your lease.

Having legal representation gives you peace of mind

How long your lease will last, if the rent can increase and by how much, and what kinds of improvements you are allowed to make to the property while you are there all matter. You also want to know about subleasing or assigning the premises and what uses are actually permitted for that building. If you’re inexperienced with commercial leases you could end up agreeing to something that doesn’t give you a good deal or any kind of decent security for your business. Instead of taking that risk, let us help you get the right lease agreement so you can have good peace of mind.

Don’t take risks with your business

Signing a lease might just seem like one more formality to get out of the way, but it’s really very important. A bad commercial lease could put your business at a high risk of legal or financial problems, and you want to avoid that. Even though you could negotiate the lease yourself, it’s generally always a good idea to have some trusted advice. We can help you get a lease that is fair to you and the owner, so you take fewer risks with your business and give yourself the chance for a better start.