Leases

Leases

The essential components of a commercial property lease can vary depending on the specific property and lease agreement. Typically, however, a lease contains a description of the property, the term of the lease, the details regarding rent payments and security deposits, the allocation of responsibility for maintenance and repairs as well as improvements and alterations, restrictions on property use, insurance requirements, the mechanics of default and lease termination, as well as of renewal and extension. While these are general components of a commercial lease, they may also contain additional clauses or provisions specific to particular property or its use.

The negotiation and preparation of commercial lease agreements is a key aspect of many brick and mortar businesses. It is important to consult with an attorney in the preparation, review, and negotiation of commercial property leases to ensure that the relationship between landlord and tenant is mutually profitable ad beneficial. We assist in this process, whether on behalf of the property owner or the tenant, whether in the function of drafting or review. Contact us today to schedule an appointment to discuss the legal issues associated with your commercial lease.