The Tenant Side of Commercial Leases: Special Risks, Special Attention
No matter which business sector it serves, the commercial real estate lease is a detailed, binding contract created to define the terms of occupancy. Yet, beneath this definition lurks the second great purpose of the document: commercial leases are also designed to offload as much risk as possible from the landlord and onto the tenant. It’s for this reason that caution must be undertaken by prospective tenants and their brokers. Qualified, experienced legal representation is an absolute must when negotiating commercial leases. This article will barely scratch the surface by looking at some common issues and risks in the details of commercial leases.