The LA SBDC Network offers no-cost virtual business workshops for small businesses in Los Angeles, Santa Barbara, and Ventura Counties.
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Commercial Leasing Checklist For Businesses
September 29, 2022 @ 10:00 am - 11:00 amFree
The commercial Lease checklist will point out provisions to which a prospective small business tenant should pay particular attention. The terms lessor and landlord will be used interchangeably.
Commercial leases come in many sizes and shapes, from the three- or four-page mom-and-pop simple lease to the 40 to 50-page complicated lease with multiple addendum and attachments that are usually attendant to high rises, malls, or popular upscale areas. The small business owner will frequently be presented with a form lease developed by a landlords’ association with blanks for rent and the term on the first page and many pages of difficult-to-read provisions thereafter. You are likely to be told that it is standard and the provisions are non-negotiable. Have a lawyer or a broker that only represents you review it first.