Lessor or lessee, we are here to review and negotiate your agreements.

COMMERCIAL LEASE AGREEMENTS

In nearly all cases, it is necessary to hire a commercial leasing attorney to protect your interests when drafting the lease for commercial real estate. Additionally, if you are considering leasing commercial real estate you will want to have the contract reviewed prior to signing.

DRAFTING LEASES TO MEET YOUR OBJECTIVES

Regardless of whether you own the property you intend to lease or you are considering leasing commercial property, the lease must fit not only the business location, but include pricing that benefits both parties. At Solomon Richman, P.C. we represent both lessors and lessees and will work with either party to negotiate and draft agreements for nearly any type of commercial property. Keep in mind, a lease is intended to clearly explain the rights and responsibilities of both lessor and lessee. There are numerous factors that must be taken into consideration including:

  • establishing the term of the lease
  • establishing lease payment terms
  • delineating maintenance responsibilities including plowing, electrical, plumbing and heating
  • language covering subleasing
  • property improvement
  • renegotiation terms
  • indemnification agreements

ADDITIONAL CONSIDERATIONS

There may be other considerations which should be detailed in lease agreements that concern the property. For example, the owner’s right to enter the property including for repairs, security offered to tenants of the property and information regarding insurance responsibilities should all be addressed.

In some cases, needed repairs may interfere with a tenant’s ability to operate their business. Under these circumstances, a lease agreement should contain language that defines whether the property owner is responsible for this interruption. The language should explain what course of action will take place in the event of a disaster such as a fire, flood or other event that causes extensive property damage.

Every business owner will have different requirements as it concerns leasing. In some instances, owners may wish to sublease part of the property to a contractor or subcontractor. Without the appropriate language in the lease agreement, subleasing may not be possible. It is important to have a lease thoroughly reviewed by an experienced attorney to ensure that problems do not occur in the future.

Whether you are considering leasing a commercial property to run your business, or you have property you are considering leasing to another business, the experienced commercial real estate team at Solomon Richman, P.C. is available to help ensure your lease agreement contains all the necessary language to protect you.

Solomon Richman, P.C. has the experience and knowledge to protect both lessors and lessees when drafting a lease agreement, or when necessary, enforcing a lease agreement. Call us at (516) 437-6443 to schedule a consultation with one of our commercial lease agreement attorneys.

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ADDRESS:

3000 Marcus Ave., Ste. 1E5 Lake Success, NY 11042
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EMAIL: frichman@srlilaw.com
CALL: (516) 437-6443

SOLOMON RICHMAN P. C.

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