So what is negotiable on a lease agreement? Well folks, great news! Everything is negotiable. Remember close mouths don’t get fed. So please make it a point to negotiate all the formalities of your lease. You may also be surprised how extensive leases can be. It’s best to have your broker handle the contract because it can run you a hundred pages, with fine print and challenging terminology. Covering all your bases is vital, and the right mall broker is the most important piece to the puzzle because this document can control the next 5-10 years of your company. Not only are you negotiating to save money but to also protect your business. Circumstances that affect your attainment of a more suitable lease is almost always the location. At times the site that you are interested in isn’t fully developed and the landlord is in need of tenants. In that case there are more flexible terms. This is somewhat related to the reoccurring case of supply and demand. Thus, more desirable areas bear tougher lease terms because the high amount of willing tenants. Every situation is different but it never hurts to exercise your ability to negotiate.
NEW YEAR NEW LEASE: ITS NOTABLE THAT EVERYTHING IS NEGOTIABLE
By Carmen Hall|2016-02-09T02:08:03+00:00February 9th, 2016|Uncategorized|Comments Off on NEW YEAR NEW LEASE: ITS NOTABLE THAT EVERYTHING IS NEGOTIABLE