My New Blog

September 20th, 2010 2:06 PM

Let me start by saying before signing a lease, let your lawyer read it.  Having said that let me just share a few thoughts with you from real life (I've read a ton of them). 

To start, most are "boiler plate" meaning they were created from a lease that was created from a lease, etc.  All clauses may not apply but all of them need to be analyzed.  For example, I just did a lease for a Doctor that is planning on doing "space sharing" with other doctors.  Well, the "boiler plate" lease presented said he alone would have use of the premises.  If I had not caught that there is a good chance he would have been challenged on his space planning idea. 

Another area is always the HVAC system.  I consider that a capital improvement not an expensed items.  So my position (not necessarily always agreed with, but mine) is that the landlord should pay for repairs and replacement while the Lessee should pay for a maintenance contract to be sure filters are changed and regular maintenance is done. 

Take the signing of a lease very seriously.  Take the time to read it and question it.  Do that before even your attorney does and then you'll have some of the right question to ask.  Feel free to call me as well.  I've more than likely read as many as your attorney.  I can't and won't advise you legally but I sure can pick out the parts that can cause you trouble.  My name is Claude Gardner, 386 856 4135.  I specialize In commercial real estate in Daytona Beach, Port Orange, or Ormond.  Good luck with your business or practice.  Contact me for free demographic package on any site you are considering. 


Posted by Claude J Gardner PA CCIM on September 20th, 2010 2:06 PMPost a Comment (0)

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