What Small Businesses Need to Know About Commercial Leases

What Small Businesses Need to Know About Commercial Leases

Leasing commercial space is a major step for small businesses, but it comes with complex legal considerations. Here’s what you need to know.

Key Components of a Commercial Lease:

  • Rent and Payment Terms: Understand your monthly costs and any potential increases.
  • Length of Lease: Decide whether a short-term or long-term lease is better for your business.
  • Maintenance Responsibilities: Clarify who handles repairs and maintenance.
  • Subleasing Options: Ensure you have flexibility to sublease if needed.

Common Mistakes to Avoid:

  • Not negotiating lease terms.
  • Overlooking hidden costs like maintenance fees.
  • Signing without consulting a lawyer.

Why Work With a Lawyer?
A lawyer can review your lease, negotiate terms, and protect your interests.

Need Help? Contact us for expert legal guidance on commercial leases for small businesses!

Picture of Crystal Ikanih-Musa
Crystal Ikanih-Musa

Crystal Ikanih-Musa, Esq. is an international law attorney and International Development professional. She has immense experience working with the Federal Governments in the US and Nigeria.

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