Avoiding Costly Mistakes with Effective Commercial Lease Reviews

Are you a business owner in the midst of negotiating a new commercial lease? There are several lease provisions that are frequently highly negotiated and can have a significant impact on your business. Here are ten specific discussions you should have with a commercial real estate attorney to ensure you are getting the best possible lease agreement: Rent escalation clauses: Rent escalation clauses are provisions that allow the landlord to increase the rent over the lease term. A commercial real estate attorney can help you negotiate a cap on rent increases, so you won’t face unexpected rent hikes that could

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A Winning Strategy: Leveraging a Real Estate Attorney as Your Secret Weapon in Commercial Real Estate Lease Negotiations

If you’re a commercial tenant, negotiating a lease agreement can be an overwhelming experience. Even if you’re familiar with the process, it’s always a good idea to work with a real estate attorney who can provide you with the legal expertise and guidance you need to navigate the complexities of the lease negotiation process. When it comes to negotiating a lease agreement, it’s important to consider which legal services are actually necessary. Traditional law firm packages often include a broad range of services, some of which may not be critically important for your specific situation. For instance, an inexperienced attorney

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Commercial Lease Review: The Ins and Outs You Need to Be Aware Of

As a business owner, you know that renting commercial space is a significant investment that can affect the success of your enterprise. Commercial lease agreements are complex legal documents that come with various clauses and obligations that you need to be aware of before signing. A thorough commercial lease review is crucial to ensure that you’re getting the best deal for your business. In this blog post, we’ll take a closer look at the ins and outs of commercial lease review to help you make informed decisions. Understand Your Lease Terms Before signing a lease agreement, it’s essential to understand

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Don’t Miss Out on Lease Renewal Opportunities: A Guide for Business Owners

As a business owner, you know that your commercial lease is a crucial element in your success. It provides you with the space you need to run your operations and serve your customers. But what happens when your lease is up for renewal? What happens if you have no written options to renew your lease? Do you know how to navigate the renewal process to ensure that you’re getting the best possible deal? In this article, we’ll provide you with some tips and tricks to help you navigate the murky waters of commercial lease renewals. Tip #1: Start Early Don’t

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One size does not fit all

Don’t Get Stuck with a Bad Lease: The Risks of Using Preprinted Form Leases for Commercial Tenants

As a prospective commercial tenant, you may be tempted to sign on the dotted line of a preprinted form lease agreement in order to secure a new business location quickly and easily. However, this decision could end up being a costly mistake in the long run. Preprinted forms are designed to be one-size-fits-all solutions. Preprinted form leases can contain problematic provisions that put you at a disadvantage and leave you vulnerable to legal disputes down the line. They may contain clauses that are irrelevant or even detrimental to your particular situation, and omit key provisions that are critical to protecting

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Close review of critical contract provisions

The Devil is in the Details: 5 Must-Review Provisions of a Commercial Lease

Leasing commercial space is a significant step in any business’s growth. It represents a commitment to establishing a physical presence and a considerable investment in both time and resources. But before you sign that lease agreement and get the keys to your new space, there are crucial details you should review to ensure that the lease agreement is in your best interest. As the saying goes, the devil is in the details. So, let’s look at five must-review provisions of a commercial lease agreement that can have significant implications for your business. First on our list is the rent escalation

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Concerned business woman reading.

Beware: The Hidden Pro-Landlord Clauses That Could Ruin Your Business

Commercial tenants often enter into leases with landlords with the expectation that the lease agreement will be fair and mutually beneficial. However, many tenants are shocked to discover that their lease agreements contain pro-landlord clauses that can be egregious and unfair. These clauses are typically designed to protect the landlord’s interests at the expense of the tenant’s rights, and they can create significant challenges for commercial tenants who are trying to run a successful business. Relocation. One of the most common pro-landlord clauses that can shock commercial tenants is the relocation clause. This clause gives the landlord the right to

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high five business owners

Commercial Lease Agreement Review in 2023: A Guide for Business Owners with Multiple Locations

If you’re a business owner with multiple locations, expanding your business in 2023 can be an exciting and profitable endeavor. However, negotiating a commercial lease agreement for additional space can be a daunting task, especially if you’re unfamiliar with the process. As a business owner with multiple locations, there are some unique challenges that may arise. Fortunately, there are steps you can take to ensure that you negotiate the best possible lease agreement for your business. In this blog post, we’ll cover the basics of commercial lease agreement review and provide tips for business owners seeking to negotiate a lease

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How much do lawyers charge to review a commercial lease?

If you’re a business owner, landlord, or tenant, it’s essential to have a commercial lease agreement reviewed by a lawyer before signing. But how much will it cost you to get legal advice on your commercial lease?  The answer depends on a variety of factors, including the complexity of the lease agreement, the attorney’s experience and hourly rate, and the geographic location of the law firm. In this blog post, we’ll explore the different factors that can affect the cost of reviewing a commercial lease.     Complexity of the Lease Agreement The complexity of the lease agreement is one

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7 Red Flags Your Commercial Landlord Isn’t Negotiating in Good Faith

As a business owner looking for commercial space, you likely understand the importance of negotiating a fair and reasonable lease agreement. However, some landlords may not always act in good faith during these negotiations, which can leave tenants with unfavorable lease terms, unexpected expenses, or even legal disputes down the road. Here are seven warning signs to look out for that may indicate that your commercial landlord is not negotiating in good faith: Pressure to Sign Quickly: If your landlord is pressuring you to sign a lease quickly without giving you enough time to review and understand the terms, it

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