It is important that you understand the lease provisions before signing.

Entering into a commercial lease agreement as a landlord or tenant is an enormous undertaking that can make or break your business. Whether you are a landlord or a tenant, you will need to negotiate the terms of a commercial lease.

Your lease should state who is responsible to pay for utilities, insurance and property taxes. Sometimes these costs are included in the rent.

The lease should also include provisions that describe the property:

Spatial Specifications – The square footage, borders, parking, and common areas

• Maintenance – The party who will perform and pay for maintenance
• Improvements or Modifications – What alterations will be made to the property before the tenant moves in and who will pay for them
• Signs – The size and location of any signs needed for the business
• Zoning – The type of business allowed to use the space

Commercial leases are very complex and often difficult to comprehend.  An experienced real estate property lawyer can help you understand all the provisions of your lease.  A real property lawyer can also make sure that your commercial lease doesn’t include any unfair or illegal provisions.