Commercial Lease Agreement Law in San Diego
A lease is the most important aspect of a new business as either a landlord or a tenant. If you are able to negotiate a lease for your business or property, you are laying a great foundation. There are many considerations to take into account when negotiating a lease. Many times, a business will struggle because they cannot afford the lease they agreed to. This is especially true when a tenant has agreed to a long term lease. The business may be doing well, but five years down the road, lease rates could increase tremendously according to the terms of the lease and begin to hurt the business. This is where the importance of negotiating a lease you can afford comes in.
There are several terms to be negotiated for a lease agreement, including rates, options to extend, rent increases, non-compete clauses, and improvement clauses, to name a few. Speaking with an experienced business attorney can help you negotiate the terms of your lease that will be beneficial to you throughout the life of the lease.
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