Negotiating the Commercial Lease

By Angela Siegel
Founder

Business owners often believe that the commercial lease is standard and that the services of an attorney are not necessary.  While commercial leases are usually in a somewhat standard form, there are many important items that deserve special attention and can be negotiated. For example, it is important to obtain from a landlord the ability to assign the lease or sublet space, in the event the business owner experiences financial difficulties. Additionally, provisions dealing with repairs, the condition of building systems, annual rent increases and personal guarantees are not etched in stone and can be modified.  In short, there are many concessions that can be obtained from a reasonable landlord, concessions which will save the business owner a good deal of money.  It certainly behooves one, then, to obtain the services of an attorney who is skilled at negotiating leases. 

About the Author
Angela Siegel focuses her practice on Business & Commercial Law, Estate Planning, Probate & Estate Administration, Real Estate Law, and Wills. Committed to providing personalized and thorough legal services, Angela is dedicated to ensuring that each client receives the highest level of attention and expertise tailored to their unique needs.