April 23rd, 2023 - Category: Commercial Real Estate
For most business owners, at some point during the life of their business, they will probably find it necessary to evaluate the terms and conditions of a Commercial Lease while trying to secure a space from which they can operate the business. Commercial leases are much more subject to negotiation and pitfalls than residential leases, which are more tightly regulated in most states. [...]
April 23rd, 2023 - Category: Commercial Real Estate
Once a business owner finds an appropriate commercial real estate space in which they can conduct their business, it is essential that the landlord and the business tenant formally spell out their landlord/tenant relationship using a Commercial Lease Agreement. The lease should include descriptions of how long the lease will run, how much rent will be paid, and other important elements of the deal that will be binding on both of the parties. [...]
