Business owners have countless issues to consider when starting or expanding a business. One major concern for many business owners and entrepreneurs is securing a place in which to operate the business. If you are a business owner looking for commercial real estate, it is important to take your time and fully evaluate your options.
Before you sign a commercial real estate lease, it is essential that you have the lease reviewed by a skilled real estate attorney. Your attorney may be able to help you negotiate more favorable terms, and ultimately save you and your business money. Furthermore, your attorney can help you spot red flags that may be signs a commercial lease agreement is not in your best interests.
The Landlord Suggests a Verbal Agreement Will Suffice
As a business owner, you probably already know the importance of getting any business relationship in writing. Unfortunately, even the savviest business owners have been ticked by smooth-talking landlords who assure them they have nothing to worry about. Make sure you get the lease in writing and have your attorney review the lease before signing.
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