Starting up a new business? One of the main things you need are premises from which to run it. You won’t generally want to buy such premises as that would be very costly. Leasing commercial premises is the usual way to find a good home for your enterprise. However, don’t go in and sign a lease unprepared. Unless you know a lot about leases there are too many things that can work against you. Hiring experienced property lawyers to examine the contract and make any necessary changes is the best way to go.
A lease that is drawn up by the landlord will ensure that all his or her needs are met, but may be rather light on what the lessee needs. If you have never leased before, you will most likely be unaware of what these needs are. And often the legal language is confusing, so you may not understand exactly what is meant by some terms or clauses.
Here are some of the things that can happen when you sign a lease without really knowing what it contains.
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