Finding the right commercial property for your business is critical to its success. Not only do you need plenty of space for your business, you also need to ensure that the property is zoned properly and that it’s located in the best possible area for your potential customers. However, finding the property is just the first step to leasing a commercial property in New York. The next is the actual leasing process, which can be overwhelming for many new and established business owners. A commercial leasing lawyer will help you through the leasing process.
What You Need to Know About Commercial Leases
Commercial leases are very different from residential leases, and it’s important to know and understand these differences and how they could potentially affect you, the business owner. These differences include:
- Commercial leases are legally binding. These types of leases are meant to be long term, and it is very difficult to get out of a commercial lease once it is put into place. To do so would be extraordinarily time consuming and expensive, so it’s important to get the lease right in the beginning.
- Commercial leases are not based on a standard form. Unlike residential leases, for which there are many standard forms available across the industry, there are no standard forms for commercial leases. They must be drafted from scratch and customized to both the needs of the landlord and the business owner/tenant.
- Commercial leases don’t protect business owners. Residential leases are governed by consumer protection laws, whereas commercial leases are not. A commercial lease will not have a limit of how much the landlord can charge for a security deposit, nor will it offer the tenant privacy or the other protections that residential lessees are afforded.
Because commercial leases are vastly different from residential leases and are often quite complex in their language, it is important to work with a New York commercial leasing lawyer to ensure that your lease fits the unique needs of your business.
Commercial Lease Review Services
If you are a new business owner and are interested in leasing property for your business, this is a new and exciting time for you. Attorney Jeffrey Shepro has significant experience with reviewing and negotiating commercial leases and can help you determine if a particular property is the best choice for your business.
He’ll review the lease and let you know if there are any potential issues that could arise, such as a clause that would prohibit you from making certain changes to the property or from putting signage up so your business can be seen from afar.
Commercial Lease Negotiation Services
In the event that your commercial lease doesn’t offer you the terms that are most beneficial to your business, Attorney Shepro can provide you with comprehensive lease negotiation services.
Although commercial leases are not standard like many residential leases, this often means that they are open to negotiation and the terms can be rewritten to the mutual benefit of all parties involved. Attorney Shepro will work directly with you and your landlord or your landlord’s legal team to negotiate a lease that meets the unique needs of your business.
Contact Jeffrey Shepro, P.C. Today
Signing a commercial lease is a big step, especially if you’re a very new business. Get the expertise and legal support you need by contacting a New York commercial leasing lawyer, contact Jeffrey Shepro P.C. for a consultation today. Call (212) 575-2683 or send an email to email@example.com.