The terms of your commercial lease, when not thoughtfully negotiated, can come back to haunt you and your business down the road. This section of our site covers some of the most common (and important) commercial lease terms. You'll find information on:
Understand the meaning of the landlord's lease clauses before you negotiate.
Maintenance and Repairs During Your Commercial Tenancy
An overview of important maintenance and repair items.
Landlord Rights to Enter Tenant's Commercial Rental Space
When can the landlord enter your business?
Percentage Rent in a Commercial Lease
Percentage rent means the landlord gets a piece of your business's profits.
The Pros and Cons of "Use" and "Exclusive" Commercial Lease Clauses
Use and exclusive clauses are not common for small businesses, but they may pop up.
Sublet and Assignment Clauses in Commercial Leases
Having the option to sublet some of your space (or all of it) may prove helpful.
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Contraction Rights (Options to Lease Less) in Commercial Leases
You may need less space in the future. Here's how to plan for it.
Alterations and Improvements in Your Commercial Lease Agreement
Your commercial space will probably need some work. This should be addressed in your lease agreement.