Negotiating a California Commercial Lease
Key Players
Brokers: Brokers are key in guiding the landlord and tenant through the real estate market. they can advise as to rent structures, deal points and details about the premises and its surrounding areas.
Clients: Clients are the ultimate decision maker. however, hiring a skilled California real estate attorney to help guide a client through the negotiation of a commercial lease is imperative. a good attorney can provide proper legal advice, identify potential risks involved with certain issues in the lease and propose strategies to mitigate such risks.
Other Side: The other side is often looked at as the opponent, however, they are actually your friend and the negotiation of the lease should be viewed as a collaborative effort, not a battle to be won.
The Negotiation
Understand Your Client’s Needs: Before red-lining the lease, it is imperative that your counsel understands, from a business perspective, your needs regarding the lease of the premises. this enables your counsel to be able to fully review and negotiate a lease that protects the client from both a business and legal perspective. dm law would also urge that your attorney have a litigation background as well to make sure certain litigated lease provisions are properly and efficiently drafted.
Premises Evaluation: It is also equally important to make sure your client has throughly evaluated the premises to verify that it is empty, properly zoned for its intended use, properly permitted and that the landlord is the rightful owner of the premises.
Questions?
PLEASE DO NOT HESITATE TO REACH OUT TO US IF YOU HAVE ANY QUESTIONS OR NEED HELP WITH THE NEGOTIATION OF YOUR CALIFORNIA COMMERCIAL LEASE!
