Signing a commercial lease is a major commitment. Without careful review, you could end up with unfavorable terms that impact your business. Understanding common pitfalls can help you avoid costly mistakes. Failing to review lease terms thoroughly Many tenants sign...
Commercial Real Estate
Net, double net and triple net leases: What’s the difference?
When commercial leases are made, a lot of attention has to be paid to how operating expenses and various responsibilities for the property are divided. The kind of lease you end up with may reflect both your preferences (and the landlord’s) and your negotiating...
What should be included in a commercial lease?
Many businesses are successful because of the right location and space. Business owners have to consider many things when finding a building to operate work, such as parking, neighborhood, signage and community. This isn’t often easy unless a business owner signs a...
Can new commercial tenants limit their unpaid rent debts?
A commercial lease will be one of the most important early contracts a new business owner negotiates. Most entrepreneurs find a rental agreement to be the safer and more accessible option when compared with purchasing commercial real estate, but it is still a major...
2 important details in most commercial leases
Having the right space can make all the difference for a business. From manufacturing facilities with enough space for large equipment to retail storefront space in a community that represents the intended customer base of a company, the right property at the right...
How can commercial real estate buyers ensure that their investment is sound?
Any commercial real estate purchase is a significant investment. Taking the proper steps before signing your contract can ensure that this investment is sound and that you lay the groundwork for future success. What should prospective buyers do before purchasing...
What provisions should a commercial real estate lease include?
Often, when a contract dispute arises over a commercial lease, the resolution depends on the details included in the lease agreement itself. What details should both owner and renter of a commercial property carefully consider when negotiating a lease? What costs,...