Frequently Asked Questions
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Tag Archives: commercial leases
What is a landlord’s lien and how does it affect my business?
Commercial leases often include something called a landlord’s lien. A landlord’s lien is a provision granting landlords a first lien in all of the personal property located on the premises. Do not agree to such a provision, because if your … Continue reading
How can I limit personal liability in a commercial lease?
Reduce your personal liability by placing a limit on personal guarantees. Personal guarantees are required by most landlords, but the scope of those guarantees is often negotiable. You can reduce your personal exposure by limiting the guarantee to a set number … Continue reading
What do common area maintenance fees include?
Don’t let your landlord pass the buck to you with inappropriate common area maintenance (CAM) costs. Common area maintenance clauses require tenants to pay their proportionate share of the maintenance and operation costs but exactly what’s included varies from lease … Continue reading
What are continuous operations clauses?
Continuous operations clauses require you to continuously operate your business during the days and hours set forth in the lease. If you were not to continuously operate your business during those times, the landlord could terminate the lease. A more … Continue reading
Posted in Leases, Real Estate
Tagged commercial leases, commercial real estate, continuous operations
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What is a demolition clause?
A demolition clause allows a landlord to terminate your lease to redevelop or demolish a property and are often found in leases for older properties. This is problematic for tenants who invest in their rental property by making improvements only … Continue reading
How do I choose the right business location?
When you’re choosing a new business location, start by considering your business’ specific needs. It is always tempting to choose a high-profile location, but, for some businesses, the exposure isn’t worth the price. First, think about how important location is … Continue reading
Are commercial lease terms negotiable?
Yes. Commercial lease agreements are made up of many components, almost all of which are negotiable depending on your degree of bargaining power. Even if the landlord won’t budge on the rent, there are plenty of terms that may be … Continue reading
What is a commercial lease?
A commercial lease is a contract between a landlord and a business for the rental of a building space or other commercial property. Commercial leases are more complex than residential leases because their terms are negotiable and vary considerably from … Continue reading
Posted in Leases, Real Estate
Tagged commercial leases, commercial real estate, commercial rentals, lease agreements
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