Commercial leasing
Commercial leasing involves renting or leasing commercial properties such as office spaces, retail stores, industrial facilities, or warehouses for business purposes. Commercial leasing is a vital aspect of business operations, providing companies with access to suitable spaces for their operations. Whether it’s a retail storefront, office space, or industrial facility, commercial leases establish the terms and conditions of the rental agreement between landlords and tenants.
A lawyer’s role in commercial leasing is indispensable, as they help navigate the complexities of lease negotiations, review lease agreements to ensure clarity and fairness, and protect the legal rights and interests of both landlords and tenants. Specifically, commercial leasing law is incredibly onerous on the tenant. There is no equity in commercial leasing law and whatever harsh terms are present in the commercial lease will be binding against the tenant. For this reason, it is imperative that a tenant request their lawyer review and negotiate the terms of a commercial lease before signing its terms. The lawyer can also advise whether the terms presented to the tenant are ordinary or unordinary in a commercial context. This is invaluable information when entering into a long term contractual commitment of sizeable financial obligation. Have a commercial lease you wish to be reviewed? Contact one of our commercial leasing lawyers today.
