A fair, understandable lease agreement is important to peace of mind in both your business and domestic life.
A lease is a legal and binding contract that outlines the terms and conditions under which one party agrees to rent property owned by another party. There are a variety of reasons that may cause one or both sides to want or need to break a lease agreement, with consequences ranging from a negative mark on a credit report to a civil lawsuit. In a commercial lease, more responsibility is placed upon the tenant while providing greater up-front profits to the landlord. The most common types of commercial leases include single-net, double-net, triple-net, and gross leases. Each type has different characteristics in relation to taxes, insurance, maintenance, and other costs. Understanding these differences and negotiating a lease for yourself or your business can leave you with the peace of mind of knowing you signed a fair lease agreement.
How We Can Help
Considering leasing a commercial space for your business? Need help understanding the terms of your lease agreement? Having a dispute with your landlord or tenant? We can help you with these issues and more. Baxter Legal Services has a proven track record of helping our clients obtain a favorable outcome in unfair lease agreements. Let us help you understand the terms of your lease agreement and negotiate the best possible lease for your needs.