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.
Can I negotiate a cap on operating expenses in my commercial lease?
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.
How does the lease term affect my ability to sell my business?
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.
Can I terminate my lease if the property becomes uninhabitable due to external factors?
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.
What are the implications of an escalation clause in a commercial lease?
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.
Can I negotiate exclusivity rights for my business in the leased space?
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.
What are the differences between a commercial lease and a license agreement?
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.
How can I ensure there are no hidden costs in my commercial lease?
Our firm conducts thorough reviews of lease agreements to identify and clarify all potential costs and obligations, ensuring transparency and preventing surprises for our clients.
What is the process for negotiating rent concessions?
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.
What happens if the landlord sells the property during my lease term?
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.
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