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What to Negotiate in your Commercial Lease BEFORE you open your business

What to Negotiate in your Commercial Lease BEFORE you open your business

The success of a business depends on many factors, including the terms of the premises lease. ¬†This post is a discussion of seven of the many important items to negotiate in a business lease before signing it and opening the doors for your business. The Lease Rate Below Fair Market Lease Rate If you are able to negotiate a below fair market lease rate then you are in good shape, as it gives you a great leg up … Read entire article »

Filed under: Commercial Leasing, Negotiation

Negotiating Lease Assignment Clauses for the Sale of a Business

Negotiating Lease Assignment Clauses for the Sale of a Business

An often overlooked and under-negotiated clause in any commercial lease is the lease assignment clause.¬† No matter how long your lease is, and how long you plan to maintain ownership of the business, you need to negotiate a good lease assignment clause for proper exit strategy planning. What are some common things to consider in a lease assignment clause? Lease Assignment Fee Landlords will usually write into leases a fee for their time and consideration of your request … Read entire article »

Filed under: Commercial Leasing, Landlord, Negotiation, Selling A Business