Commercial Leases: Negotiating Tips For Tenants

Clients will often invest substantial time and money into painstakingly preparing the perfect business plan, a meticulously detailed budget, as well as comprehensive and thorough internal business agreements, such as employment agreements and supplier agreements; however, when it comes to entering into a commercial lease, it's surprising how often sophisticated business owners will enter into complex and onerous commercial leases without completing even a basic review. There often exists a mistaken belief that commercial leases are standard documents, which must be entered into by the Tenant as presented by the Landlord.

Prior to entering into a commercial lease, it's essential for the Tenant to carefully review the terms and conditions. Tenants should appreciate that the rent due pursuant to a commercial lease will frequently be one of the businesses' largest expenses. There is no standard form of commercial lease, and generally the form the Tenant will receive will