Commercial Leases
Rent increases during the lease term are typically addressed in the lease agreement. We negotiate lease terms that provide clarity and stability regarding rent adjustments.
Lease assignment allows tenants to transfer lease obligations to a new tenant. We facilitate lease assignments and ensure compliance with lease terms and landlord approval requirements.
Short-term leases offer flexibility for temporary business needs or seasonal operations. We negotiate lease terms that accommodate short-term arrangements while protecting clients’ interests.
Alterations may be allowed with landlord approval and adherence to lease provisions. Our firm assists clients in negotiating lease terms that accommodate necessary alterations while protecting their interests.
Operating expense caps limit tenants’ liability for certain property expenses, providing financial predictability and stability. We negotiate operating expense caps that protect clients from unexpected cost increases.
Lease agreements may include options to purchase the leased property at a predetermined price within a specified timeframe. Our firm assists clients in negotiating favorable purchase options that align with their business objectives.
Exclusivity clauses can protect tenants from direct competition within the same property or vicinity. Our firm negotiates exclusivity rights that safeguard clients’ business interests and market positioning.
Yes, negotiating lease terms is common practice. We can help you secure favorable terms that align with your business goals and budget.
Subleasing may be allowed depending on your lease agreement and local laws. We can review your lease to determine your subleasing rights and obligations.
Early termination options may be negotiated in the lease agreement or pursued through alternative means such as subleasing or lease assignment. Our firm helps clients explore viable exit strategies while minimizing financial repercussions.
Lease agreements typically include provisions for lease termination in cases of uninhabitable conditions. Our firm assists clients in enforcing lease provisions and protecting their rights in such situations.
Dual-use of commercial space may be possible depending on local zoning laws and lease terms. We assist clients in negotiating lease agreements that accommodate their unique business needs.
Commercial leases typically involve longer terms, greater flexibility in terms negotiation, and more complex legal considerations compared to residential leases.
Our firm specializes in resolving landlord-tenant disputes through negotiation, mediation, or litigation, if necessary. We strive to achieve favorable outcomes while minimizing disruption to your business operations.
Commercial tenants are typically required to carry insurance coverage to protect against liability and property damage. We review insurance requirements in lease agreements and ensure clients have adequate coverage.
Lease terms impact the transferability and value of businesses, particularly if they include options to purchase or assign the leased property. Our firm advises clients on lease terms that facilitate business sales and transitions.
The negotiation timeline varies depending on factors such as lease complexity and the other party’s responsiveness. Our firm works efficiently to expedite the process while ensuring your interests are protected.
Common clauses include rent escalation clauses, assignment and subleasing provisions, maintenance and repair obligations, and dispute resolution mechanisms. Our firm ensures that lease agreements contain clear and equitable clauses that benefit our clients.
Pitfalls include overlooking hidden costs, failing to understand lease terms fully, and neglecting to conduct thorough due diligence on the property and other party.
Facing landlord foreclosure can be unsettling for tenants. Our firm advises clients on their rights, helps navigate the foreclosure process, and protects their interests during transitions in property ownership.
Lease agreements typically address responsibilities and remedies for property damage or destruction. Our firm assists clients in understanding their rights and pursuing appropriate legal recourse in such situations.
Maintenance and repair responsibilities are typically outlined in the lease agreement. We review lease terms to clarify your obligations and protect you from undue financial burden.
Tenants have a right to a habitable premises and can take legal action if landlords fail to fulfill maintenance obligations. Our firm advocates for tenants’ rights and seeks remedies for lease violations, including repair issues.
Having a real estate attorney review your commercial lease ensures that your interests are protected, lease terms are fair, and potential risks are mitigated. Our firm’s expertise in commercial leasing law enables us to identify and address issues that could impact your business, saving you time, money, and headaches in the long run.
Commercial leases grant exclusive possession rights to tenants, while license agreements typically confer non-exclusive use rights. We advise clients on the distinctions between these arrangements and their implications.
Common types include gross leases, net leases, triple net leases, and percentage leases, each with its own implications for tenants and landlords.
Escalation clauses allow for rent increases over the lease term based on predetermined factors such as inflation or operating costs. We explain escalation clause implications and negotiate terms that minimize financial impacts on clients.
Typical terms include lease duration, rent amount, maintenance responsibilities, and provisions for lease renewal or termination.
Terminating a commercial lease prematurely can have legal and financial consequences. Our firm can help you explore options such as lease assignment, subleasing, or negotiating a lease termination agreement.
Outgrowing leased space may necessitate renegotiating lease terms, relocating, or expanding within the current property. Our firm provides strategic guidance to accommodate clients’ evolving business needs.
Tenant rights and obligations typically transfer to the new property owner in the event of a sale. Our firm advises clients on their rights under lease agreements and facilitates smooth transitions during property ownership changes.
A right of first refusal grants the tenant the opportunity to purchase the leased property before it is offered to other parties. We negotiate favorable terms for clients seeking this option to secure their business premises.
A lease option grants the tenant the right to purchase the leased property at a predetermined price within a specified timeframe. We evaluate lease options to determine their feasibility and negotiate favorable terms for clients.
A triple net lease requires tenants to pay for property taxes, insurance, and maintenance costs in addition to rent, providing landlords with a predictable income stream.
Commercial leasing involves renting property for business purposes, such as retail stores, office spaces, or industrial facilities.
A gross lease includes all operating expenses in the rent amount, while a net lease requires tenants to pay property taxes, insurance, and maintenance in addition to base rent. We explain these differences and negotiate lease terms that align with clients’ preferences.
Rent concessions, such as rent abatement or reduced rent periods, may be negotiated to incentivize lease agreements. We employ our negotiation skills to secure favorable rent concessions for clients.
Lease renewal processes vary but often involve providing notice to the landlord within a specified timeframe.
Hiring a real estate lawyer ensures that your lease protects your interests and complies with local laws. Our firm has extensive experience negotiating favorable terms for commercial leases, safeguarding your investment and peace of mind.
