When a shop or a plot is taken for lease or rent it is always better to
meet a commercial leasing attorney for getting the agreement done. The
clauses mentioned in the agreement are very important. The premises for
lease have to be described. The term of lease is the very important
clause to be mentioned. The amount decided between the owner and the
tenant has to be mentioned clearly in the agreement. If these terms are
not mentioned clearly then they may cause many problems. The increments
of the rent or the change in lease money have to be mentioned clearly as
the lease agreement may extend for a long period.
Commercial leasing attorney will be aware about the normal problems
arising for not mentioning certain facts. It is always better to hire an
experienced attorney for preparing the agreement as they put the
correct terms. The conditions for the tenants have to be mentioned
clearly. In the places where the natural disasters occur frequently the
owners have to construct houses with care. The materials used for
construction should not cause more problems to the people living in it.
The tenant is not supposed to do any constructions without the approval
of the owner.
If the tenant has to construct anything then he
has to meet the approval of the government. The tenant should have
proper insurance for the business or if any calamity happens the owner
may be affected. The points mentioned in the agreement should have the
landlord services, tenant rights, common area expenses and tenant
expenses. The remaining terms mentioned will be maintaining the premises
without any damages, making repairs and rules for surrendering the
property. If the tenant has to do some alterations then he has to
compulsorily take permission from the owner.
The commercial leasing attorney will have a printed format for the
terms and conditions to be mentioned in the lease agreement. The type of
property, owner and the tenant will decide the terms and conditions.
The tenant has to look into the terms before signing the agreement. He
has to read and understand the terms and conditions before signing. If
the agreement is signed blindly then in future it may cause many
problems. The property description and its measurements have to be
perfect to avoid confusion. The lease period has to be mentioned clearly
as this will cause many problems in the relationships of the owner and
the tenant.
Agreement is the only proof between the owner and
the tenant for leasing the property. The conditions have to be followed
correctly for not having any problems in the future relationships
between the tenant and owner. Both have to follow the rules and thus
avoid problems.