Commercial leases are quite different than residential leases for a number of different reasons. For starters, residential leases usually have more consumer protections, such as how much a security deposit can be for or what kinds of privacy protections the tenant has. Commercial leases also involve a lot more negotiation than residential leases. Everything from the length of the lease to what improvements are to be made to the property are up for negotiation between a tenant and a landlord in commercial leases. Because commercial leases are longer than residential ones and because they are so much more expensive, you want to be sure that your commercial lease is negotiated right.
If you are a business owner looking to enter into a commercial lease, the best way to protect your business's interests are to hire a real estate attorney who is familiar with negotiating commercial leases. A skilled lawyer will know just what kinds of issues will come up when negotiating your commercial lease so that you can be sure that you have the best deal. Set up your consultation with us today.