Tampa Bay Commercial Leases Attorney

Whether you are a small business looking to rent retail property in shopping centers or a larger business looking for suitable office space, you want to ensure you get the best deal possible while protecting your rights.

Commercial leases differ significantly from residential leases regarding negotiation, landlord-tenant rights, and any legal actions that could be initiated by the parties involved in the transaction. Due to the complexity of lease negotiations and the desire to avoid unnecessary disputes, it is always best to hire an experienced attorney to assist you before signing any agreement.

Venerable Law of Tampa, Florida, has extensive experience handling lease agreements and would be honored to help you with your legal needs. Contact our Tampa law offices and ask to schedule a free case evaluation to learn more about our commercial lease legal services.

What are Common Types of Commercial Lease Agreements?

One of the most critical aspects to consider before entering into a lease agreement is determining whether the terms suit your needs. Therefore, landlords and potential tenants would be wise to consult with a knowledgeable commercial lease attorney to ensure their rights are protected under Florida law.

There are several types of lease agreements available, and if you are a small business owner, an attorney can help you identify which one is correct for your needs.

The most common lease agreements include:

Net Leases

Under a net lease agreement, the tenant, the lessor, pays rent and is also responsible for utilities, maintenance costs, and insurance. However, even though a net lease agreement is typically less expensive than a full-service lease, the monthly rent can vary from month to month.

Full-Service Leases

Under the terms of a full-service lease agreement, lessors pay a specified amount of rent for the commercial property, and property owners pay for utilities, maintenance, and insurance. Typically, a full-service lease agreement is more expensive than a net lease. However, under the terms of a full-service lease agreement, a tenant can be certain of their monthly rent amount.

Percentage Lease

The tenants and landlords work together in a percentage lease agreement to ensure profitability. Under a percentage lease, the rent combines a fixed base amount and a percentage of the business’s gross income. Percentage lease agreements have proven beneficial because commercial landlords have a financial interest in helping tenants’ businesses thrive.

Venerable Law has years of experience assisting clients with their commercial real estate needs to help them gain the financial advantage they need to be successful.

Why Do I Need to Hire an Attorney to Help Me With a Commercial Lease Agreement?

Potential tenants often find a commercial real estate space that they feel fits their business interests. However, before signing a standard contract, prospective tenants must always allow a commercial lease attorney to review the proposed initial lease agreement so they may fully understand the terms, obligations, and any other specific provisions that may be included.

Unfortunately, many Tampa Bay small businesses are often eager to start their businesses and agree to pay rent before thoroughly reviewing the contract terms. Most future tenants need to be aware that lease terms, such as the rent amount, fees for upkeep of common areas, and how much notice each party must give one another, are usually open to negotiation.

For these reasons, you must hire an attorney who understands the entire process and has experience with commercial lease negotiation.

Venerable Law takes time to determine what issues are essential to your company and then negotiate with the landlord to reach a mutually beneficial agreement for all parties involved. Our law firm uses innovative legal strategies when drafting a commercial lease to help safeguard your business interests.