COMMERCIAL LEASES

 

 

Tenant Representation

 

After employee expenses and costs of goods, the Commercial Lease represents one of the largest costs to a business, as well as one of the biggest opportunities.

 

Have an experienced legal counsel review your leasing situation.  While the costs are moderate, there is a great advantage in paying for counsel, instead of depending solely on the real estate brokers, who are guided by an interest in commissions, and/or loyalty to the property owner.

Audit Rights

In a net lease, the tenant has additional expenses of the share of taxes, insurance, maintenance costs, advertising costs, etc.  You need to negotiate your audit rights at the time of entering into the lease agreement, and pursue your audit rights during the term of the lease.  Contact your attorney for review of your rights and a referral for contract accounting services.