In this article, you'll learn:
- How limiting "premises" definitions protects you from excessive liability.
- The benefits of broad "use" definitions for lease flexibility.
- Managing maintenance and repair responsibilities to avoid extra costs.
- The importance of flexible subleasing and assignment rights.
When you sign a commercial lease, your hope is probably that you and your landlord will co-exist in a state of perpetual harmony. However, that isn't always the case. Even in commercial properties, landlords and building managers can vary greatly. To protect yourself, consider working with your corporate real estate agent and your attorney to include some of these tenant-friendly lease terms in your next agreement: