May 19, 2017 - Real Estate
Commercial leases are lengthy, complicated documents and the sections about rent can be particularly confusing for a prospective tenant. To avoid unpleasant surprises and unexpected expenses during your lease term, you need an experienced real estate lawyer who fully understands these intricate contract provisions and knows how to negotiate them with landlords and management companies.
Some of the common rent structures are:
As a prospective commercial tenant you also need complete clarity on how and when the rent can be increased — both on an annual basis and cumulatively over the entire lease term.
Also keep in mind that lawyers can slice and dice rent provisions a million different ways. Exactly what constitutes “leased space” for purposes of calculating base rent is typically negotiated along with precisely which building expenses qualify as “utilities,” “insurance” or “maintenance.”
The experienced St. Augustine real estate lawyers at Ansbacher Law can provide the representation you need for your commercial lease. Call us at 904-429-4833 for an initial consultation today.
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