By Ryan + January 25th, 2008
If you are looking for a primer with tips and suggestions about how to lease office space and commercial real estate, I authored a 3-part series on this subject at another legal blog, The Startup Lawyer. It’s a pretty decent size read but it is also one of the most popular blog entries.
By Ryan + August 2nd, 2007
The increase of commercial office space construction, primarily of the 1,000 to 5,000 square feet office park variety, is providing businesses with more location options and the ability to occupy brand new office space. However, signing a lease for office space not yet built can lead to negative consequences when the landlord doesn’t finish [...]
By Ryan + July 31st, 2007
Most businesses require office space. While a commercial office space agreement constitutes a huge financial commitment for these businesses, most often these leases are signed quickly without thorough review or negotiation.
Here are a list of some issues that should be negotiated before your company signs a commercial office lease:
-Right to renew the lease
-Right to [...]
By Ryan + February 24th, 2007
The Landlord’s agent LOVES it when you contact them directly about leasing office space. If you aren’t represented by a tenant’s agent (a commercial real estate agent that works for you, the lessee), not only will the landlord’s agent reap in double commission, they will get you to agree to unfavorable terms.
Thus, if you [...]
By Ryan + February 14th, 2007
In commercial leases, Texas courts have held that a ‘warranty of suitability’ applies to all commercial real estate leases. This means that any latent defects in the building and land are the responsibility of the landlord, even if the tenant is contractually obligated to repair the premises. The theory is that the commercial [...]
By Ryan + December 11th, 2006
Ever wonder why most commercial office space agreements look like photocopies of documents produced before the computer age?
I thought about this after looking over a lease agreement for one of my clients. And my conclusion is sinister: The landlord (or landlord’s leasing agent) is doing everything possible to get the tenant from negotiating [...]