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Helping Clients Protect Their Business Interests With New and Existing Lease Agreements
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 leasing 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.
Does Your Attorney Have Experience Negotiating Commercial Lease Agreements?
Venerable Law has proudly served the citizens of Tampa Bay and has a proven record of achieving favorable results for their business needs.
Our attorney has over 24 years of extensive experience in commercial lease negotiation and will fight hard to protect your interests and hard-earned investment.
Sadly, many other commercial lease attorneys focus on having clients sign contracts that are not in their best interests so they may quickly earn their fees. However, our attorney works diligently with clients during negotiations to protect their rights, support their financial needs, and protect them from potential disputes and future litigation.
Contact our Tampa Bay area law firm and allow us to review the proposed lease terms to protect you from unscrupulous practices. Landlords often try to hide clauses in the fine print of agreements that allow them to raise the rent during the lease term.
Our skilled attorney will gladly provide more information regarding lease outlines that state the responsibilities of all parties.
What Makes Your Commercial Lease Attorney the Best Option for My Business Needs?
If you are considering the option to lease commercial property, you must counsel with a highly trained attorney with experience handling lease agreements. As a small business owner, you want to be certain that any potential lease agreement you sign is in your best interests.
Even though you may be eager to move to the leased premises, it is wise to review any proposed commercial lease agreement with our attorney to verify that it meets your business and financial needs and there are no hidden terms.
Venerable Law has a proven record of helping businesses navigate the complex leasing process and reviewing existing leases.
Allow our Tampa, FL, law firm to negotiate on your behalf to ensure your business needs are met and your rights are protected.
Contact Venerable Law of Tampa Bay by calling 813-680-4530 and ask to schedule a free case evaluation to determine your legal options.