Renting properties: how to negotiate the best deal

Article Abstract:

It is advisable for business firms to initially lease their office space. A business owner would rather place any available capital for business expansion rather than accumulate fixed assets. When the business is financially stable, the business owner can consider purchasing the company premises. A lease, however, should always be taken seriously. A legal counsel's advice should be obtained. Various factors on negotiating lease agreements are presented.

Evaluation, Real estate industry, Lease or buy decisions

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Renting properties: 12 ideas to save money and protect yourself

Article Abstract:

Negotiating the terms of a lease contract can save a lessee a substantial amount of money. Pointing out to the landlord the items that need improvement is one way of initiating discussions. The lessee must also be fully aware of up to what extent the landlord is responsible for the cleaning, maintenance and repair of the property. Rent escalation provisions must also be clarified with the landlord beforehand to avoid future misunderstandings.

Interpretation and construction, Commercial leases, Landlord and tenant, Landlord-tenant relations

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For existing and new properties: protect yourself when renting to your company

Article Abstract:

Business owners, who are thinking or leasing property to their respective companies, should protect themselves and their investments by ensuring the legality of the transactions. Considerations include obtaining board and stockholder approval, using standard lease forms and getting sound legal advice from private attorney to ensure that the transaction's 'arm's length' nature is not questioned.

Business Real Estate Mgmt, Management, Real estate management, Leases, Rents (Property)

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