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!