Robust Legal Support For Commercial Real Estate Leases
Commercial leases can significantly affect how and where your business operates. As a business owner, it can determine how you utilize your business space, its location, and the tools and equipment you need to run your business. All of these can indirectly affect your bottom line. On the other hand, if you are a commercial landlord, you want to ensure that the business tenants looking to occupy your property have a comprehensive understanding of the cost of the space and how they can utilize it.
Our business law attorneys at Marlowe Law can help you thoroughly analyze these agreements before you enter them. Whether you are a business tenant or a commercial landlord, we are here to provide you with the professional and educated advice you need to engage with partners that fit your needs and goals.
Commercial Leases Can Come With Additional Complexity
Commercial real estate leases differ significantly from residential leases. They’re complex and involve unique terms, rental rates, maintenance responsibilities and renewal options.
From initial negotiations to finalizing the lease agreement, we work diligently to protect your interests and secure favorable terms. We pride ourselves on our ability to deliver professional and personalized commercial real estate services. We work diligently to identify potential liabilities as early as possible before they become an issue for you. By leveraging our experience and knowledge of Florida commercial real estate law, we can help you draft, review and revise lease agreements to align them with your business objectives and minimize possible risks.
Factors To Consider When Entering A Commercial Lease
When entering into a commercial real estate lease in Florida, you must take several key factors into account:
- Location: Where your business is located can significantly impact operations and customer accessibility. As a business owner, you want to choose an area where your target customer market is. If you’re a commercial landlord, you want to select a location you believe will attract the correct type of businesses to occupy your space.
- Lease terms: The length of the lease, renewal options and termination clauses are critical components, no matter which side of the agreement you are on.
- Rental rates and increases: As a business owner, you want a lease that includes market price rental rates for the type of business you operate. As a landlord, you want to ensure that the kind of business that occupies your space can generate the money to pay the price you set for your property.
- Maintenance and repairs: Clarifying responsibilities for maintenance and repairs is crucial for both parties, as it can reduce the chances of future disputes.
- Zoning laws and regulations: Compliance with local laws and regulations is crucial for both parties. As a business owner, you must understand what you can do with the property within state and municipal zoning regulations. As a commercial landlord, you must understand the zoning rules and regulations for the types of businesses you want to occupy your properties.
- Subleasing and assignment: Understanding your rights to sublease or assign the lease can provide flexibility for future business changes, no matter what side of the agreement you’re on.
Your commercial lease and the concerns and interests you have associated with it can vary depending on your business, property and how you wish to utilize the space. We understand that this can be cumbersome; we are here to help.
Schedule Your Consultation Today
Our experienced lawyers are dedicated to providing comprehensive legal support throughout the leasing process. To set up a meeting with us, call our Tampa office at 813-575-7702 or visit our contact page.