Commercial Lease Terms That Deserve a Second Look

General information only, not legal advice. Reading this article does not create an attorney-client relationship. Every situation depends on its specific facts.

Operating expenses and CAM

Triple net and modified gross leases pass costs through to tenants in very different ways. Understand what is included, what is capped, and how increases are calculated over the term.

Assignment and subletting

Businesses change. If the lease makes transferring your interest difficult or expensive, your exit options shrink with it. Consent standards and transfer fees are negotiable.

Repair and maintenance boundaries

Who maintains the roof, the HVAC, the parking lot? Ambiguity here becomes expensive. Precise allocation now prevents disputes later.

Options to renew and expand

Options protect your future at today's negotiating leverage. Their absence means renegotiating from weakness when the term ends.

Personal guaranties

A guaranty can follow you long after the business closes. Scope, duration, and burn-off provisions deserve real negotiation, not a signature on autopilot.

Questions about a situation like this? Schedule a consultation with the practice.