Negotiating And Litigating Commercial Leases
Lease negotiations are an area of law where it is often advisable to engage capable counsel. Commercial leases are generally long and complex, and outline responsibilities and duties that may not be obvious to landlords and tenants.
At Brick Business Law, P.A., our experienced litigation attorneys counsel individuals and businesses with commercial lease negotiations and disputes involving commercial leases and transactions. Before signing on the dotted line, let us review and explain the terms of the lease, so you understand the risks to which you may be exposing yourself and your business. Also, should a dispute arises after the execution of a lease, the terms generally will dictate the outcome of that dispute. This is why it is important for you to understand and take steps to protect yourself prior to executing a lease. We will help you:
- Know when to continue negotiations or to walk away from the deal
- Understand the lease provisions and the potential risks
- Avoid stress and costs associated with litigation should problems arise
Other Considerations Before Signing A Commercial Lease
Before signing a lease as a business tenant, it is important to do and consider the following:
- Assess your business needs: Consider things like the length of the lease compared to your company’s projected growth. For example, a shorter lease might be more expensive, but it might allow for more flexibility.
- Understand the terms and costs involved: Different types of leases can come with different costs, and different ways of determining the lease payments. It is important to know and understand everything that you are agreeing to pay.
- Do your due diligence: By researching the property and investigating the landlord, you will know more about what your business is getting into.
If your company is involved in leasing commercial space, it is important to be thorough with all the details and consider:
- The lease term and type
- Rent and security deposit amounts
- The costs and benefits of property improvements
- What provisions are negotiable
At Brick Business Law, P.A., whether you are a prospective tenant, landlord or managing agent, let us help you assess and evaluate the lease and negotiate terms that correlate and meet your business needs, so you can optimize the opportunities available to you and your business.
Litigating Commercial Lease Disputes
When disputes arise out of your commercial lease, our real estate litigation attorneys can help. Some issues that commonly cause disagreements between commercial landlord and tenants are maintenance and repairs. Questions about who is responsible for what can quickly turn into conflict that escalates. Complicated lease agreements can also lead to disputes about payment terms. Failure to pay rent, withholding rent and assignment of the lease terms when a business wants to move out of the space can also result in conflicts that could lead to litigation. Whether your business is the landlord or the tenant, our lawyers can guide you with negotiating a settlement or take your claim to court if necessary.
Contact Us Today For Help With Your Commercial Lease
If you need legal assistance negotiating a commercial lease or are faced with conflicts that have developed from your commercial lease, let us guide you. With offices in Tampa, Orlando, Sarasota and St. Petersburg, we offer virtual and in-person consultations. Call 888-708-4250 today or email us to schedule your free consultation.