Commercial Lease Agreements
At Stavros Law, P.C. in Salt Lake City, we assist many Utah business owners and professional practices with a wide range of matters essential to their financial well-being. Entering a lease is a major step for any startup business or growing business, or for a commercial landlord seeking to maximize rent income while avoiding potentially costly problems.
Commercial lease agreements vary greatly in their terms and language. Many people do not recognize the importance of having a knowledgeable lawyer custom-draft these documents or review them to spot issues for consideration and negotiation. In contract, a lease broker or agent may focus only on completing the transaction.
Lease Review for Critical Issue Spotting, Lease Drafting or Negotiation
Our founding attorney Andrew W. Stavros has extensive experience in real estate transactions and litigation, equipping him well to protect your interests in a commercial leasing matter. In addition, we are committed to taking the time to thoroughly understand your business objectives and analyze critical aspects of a lease in full view of those goals. Matters worthy of scrutiny and dialogue may include:
- The term of the lease and landlord vs. tenant options for renewal
- Clarification of differences between a gross lease and net lease, which often determines responsibility for property taxes, utilities and other expenses
- Commitments and responsibility for common area maintenance (CAM), security, capital improvements and other potentially significant expenses associated with the property
- Parameters and notice requirements for rent increases
Turn to a Utah Business Lawyer Who Will Protect Your Business Interests
We can help you draft or evaluate a lease based on your business plans, growth projections, cash flow and a range of other considerations. Taking this step up front may help you save costs now and avoid costly commercial leasing disputes and litigation later on. Whether you are evaluating your options or preparing to enter an agreement, please contact us for a consultation.