Should I Hire a Lawyer before Entering a Commercial Lease?

Consulting with a lawyer before entering into a long-term commercial lease can be extremely beneficial and would put your mind at ease.

What Is a Commercial Lease?

A commercial lease agreement is usually a contract between a landlord and a tenant that permits the tenant to use the rental property for business purposes.

The contract may outline certain responsibilities of both parties, such as the rent, permitted uses of the property, penalties, and other obscure terms and conditions.

• Types of commercial property can include but are not limited to offices, retail, industrial, or even farmland.

Usually, commercial leases include longer time periods than normal residential leases, which is the reason why it is so critical to know what the commercial lease says because you could be stuck in a 10-year commercial lease.

What Are the Benefits of Hiring a Lawyer?

• When a lawyer looks over any document, they do so in a controlled and systematic manner, that way there are no future surprises.
• A consultation for overlooking a commercial lease can be a much cheaper alternative in the long run than
• The lawyer can also explain the complete lease in detail so you don’t have to waste time trying to decode the comprehensive terms in a commercial lease.

We know commercial leases can be confusing and difficult to understand for the average person and we want to help your understanding, so no mistakes are made. Call (813) 750-0513 to schedule a consultation.