Lease Drafting and Negotiation
Leases fall into two general categories: residential and commercial.
Residential leases are contracts to rent a house, apartment, condominium
or other dwelling. These leases tend to be done on standardized forms
and are subject to various standard terms. However, they can also vary
depending on the situation, so if you are concerned, a lawyer can review
the lease to make sure it meets your needs prior to signing.
Commercial Leases, on the other hand, are subject to far fewer built in
restrictions. The parties to a commercial lease are free to choose whatever
terms and conditions best meet their goals. As a result, commercial leases
are typically more complex than residential leases and should have a lawyer
involved from the beginning of the process. Commercial Leases may also
be lengthy and involve complicated contingencies as well as a percentage
of revenue as part of the rent. Each of these terms should be carefully
reviewed and negotiated before entering into an agreement.
If you want to contact Owens and Perkins regarding the review or drafting
of a residential or commercial lease,