Expansion and Improvements in a Commercial Lease
More often than not, a commercial tenant will need to do some work to a space before it's suitable for their business. The "Alterations and Improvements" section of the lease will have all the details regarding what alterations can be done, and who (the tenant or the landlord) will pay for it.
Additionally, the lease should offer some options for the tenant to lease more or less space in the future, depending on the needs of the business.
This section of our site will guide you through some of these important details in your commercial lease, and help you negotiate favorable terms.
Alterations and Improvements
Alterations and Improvements
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Improvements for Your Commercial Space
Most businesses will need to do some work to a commercial space before opening up shop.
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Alterations and Improvements in Your Commercial Lease Agreement
The lease will have some rules on what work can be done, and how to proceed.
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Understanding the Tenant Improvement Allowance
The Tenant Improvement Allowance (TIA) spells out how much the landlord will spend to make the space suitable for your business.
Options to Expand or Contract
Options to Expand or Contract
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Contraction Rights (Options to Lease Less) in Commercial Leases
Having the option to lease when when you don't need the space can save your business a lot of money.
Related Products
Related Products
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Negotiate the Best Lease for Your Business
Need space for your business? This practical handbook explains how to analyze space needs, find the ideal location and then get the best possible terms.
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This form contains everything businesses and landlords need to create their own gross lease.
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If you wish to sublease space to another business, this is the form you need.
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Commercial Net Lease for Entire Building
This form contains everything businesses and landlords need to create their own net lease for a building.
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Commercial Net Lease for Part of Building
This form contains everything businesses and landlords need to create their own net lease for a space within a building.
More Legal Topics
- Auditing Your Commercial Lease
- Building Compliance in Commercial Leases
- Commercial Leases: Letter of Intent
- Commercial Net Leases
- Commercial Real Estate Brokers
- Gross Commercial Leases
- Security Deposits in a Commercial Lease
- Shared Expenses in a Commercial Lease
- Terms in a Commercial Lease
- Using a Lawyer for a Commercial Lease Agreement
- Auditing Your Commercial Lease
- Building Compliance in Commercial Leases
- Commercial Leases: Letter of Intent
- Commercial Net Leases
- Commercial Real Estate Brokers
- Gross Commercial Leases
- Security Deposits in a Commercial Lease
- Shared Expenses in a Commercial Lease
- Terms in a Commercial Lease
- Using a Lawyer for a Commercial Lease Agreement
