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Should a Lawyer Review a Commercial Lease?

 

Should your attorney review your commercial lease for your new urgent care location? Patrice Pash walks you through why that may be a good idea.

I'm Patrice. And today, we're going to talk about whether or not you should have an attorney represent you or review your lease negotiations.

It's probably a good idea to have a qualified attorney or a knowledgeable real estate broker represent you in reviewing any lease that you might have under consideration.

In fact, probably both might not be a bad idea. Why?

Well, simply because an attorney, while they might be watching out for your best interest from a legal perspective, a good real estate broker probably understands the negotiation process a little bit better.

They can watch out for things like your lease term and in negotiating--the frequency of the renewals, things like your signage allowances,tenant improvement allowances, other things that could be very crucial in your lease negotiations, and that can help you successfully negotiate the best lease possible.

So as you're going through your lease and you're deciding what you need to do to have the best least possible, do consider that getting a good, qualified attorney and definitely having a good real estate broker on your team to represent you is going to be the best thing that you can do.

Join us next time when we're going to talk about leasing versus purchasing property.

We'll see you then.