Business Leases
Whether the lease is for the use of an office unit, a warehouse space or equipment, the terms of the lease dictate the rights and responsibilities of both the owner and renter. In most instances, a lease is open to negotiation by either party prior to signing but becomes binding on both parties once it is signed. Price, length and renewal terms should be included within any properly drafted lease, and are just a few of the many considerations to take into account. A comprehensive lease will also address the not-so-obvious concerns that may affect either or both the owner and renter.
The payment of rent, in many cases, is the largest expenditure a small business owner will incur on a recurring basis. Because of this fact, a lease that gives fair consideration to the renter is critically important. Likewise, it is essential that the owner account for any important concerns that the owner needs to have addressed within the lease. At our firm, we have represented owners and renters in negotiating and protecting their business and personal interests. In this regard, we have worked in both commercial and residential settings and we are familiar with the important issues concerned. Contact us today to review your lease situation to ensure that your interests are protected.
