Comprehensive Commercial Leasing Representation
Krugliak, Wilkins, Griffiths & Dougherty Co., L.P.A. offers expert legal counsel in all areas of commercial leasing law. We assist clients in navigating the complexities of lease agreements, from drafting initial contracts to resolving disputes. Our commercial leasing services legal team tailors services to meet the specific needs of landlords and tenants across a wide range of industries.
Lease Drafting and Negotiation
Our attorneys are experienced in drafting and negotiating comprehensive commercial lease agreements, ensuring that all aspects of the client’s needs are met:
- Lease Agreements: Tailored lease agreements to fit the unique needs of landlords and tenants.
- Negotiation of Terms: Advocating for favorable terms such as rent amounts, lease durations, renewal options and escalation clauses.
- Customization: Ensuring leases accommodate tenant improvements, operational restrictions and the business’s specific nature.
Rent and Financial Obligations
We provide strategic advice on financial obligations in leasing agreements, making sure that financial terms are clear and enforceable:
- Rent Structure: Clarifying base rent and additional rent, including property taxes, maintenance and utilities.
- Operating Expenses: Addressing CAM charges, insurance costs and property taxes.
- Security Deposits: Structuring security deposit terms, including holding conditions and return processes.
Leasing Differences
- Single Business vs. Multi-Tenant Agreements: Addressing distinctions between single business leases and those in shopping centers or multi-tenant buildings.
Tenant Improvements (TI) and Build-Outs
Our team assists clients in negotiating financial contributions and responsibilities for tenant improvements:
- Improvement Allowances: Securing landlord contributions for tenant build-outs.
- Responsibility for Build-Outs: Clarifying construction responsibilities, compliance with building codes and permit requirements.
Use and Zoning
We provide expert advice on zoning laws and permitted use of leased premises:
- Permitted Use: Defining acceptable uses for the space and ensuring zoning compliance.
- Exclusivity Clauses: Negotiating protections against landlords leasing to competitors within the same development.
Maintenance, Repairs, and Alterations
Our attorneys allocate responsibilities for the upkeep and modification of commercial spaces:
- Maintenance Responsibilities: Allocating duties for maintaining the premises, including structural elements and HVAC systems.
- Alteration Rights: Defining what alterations tenants can make and the process for obtaining approval.
Assignment and Subleasing
We provide guidance on transferability and the ability to assign or sublease leased properties:
- Transferability: Drafting provisions for lease assignment or subletting, ensuring landlord consent when needed.
Default and Remedies
In the event of a lease dispute, we ensure clients’ interests are protected through carefully crafted default provisions:
- Default Provisions: Identifying triggers for default, such as non-payment of rent or failure to maintain insurance.
- Remedies for Breach: Outlining available legal remedies, including eviction, lease termination or rent acceleration.
Renewal and Termination
Our team ensures that lease renewals and termination clauses are clear and manageable:
- Renewal Options: Structuring lease renewals, including rent escalations and notification periods.
- Termination Clauses: Drafting terms for early lease termination and outlining associated penalties or conditions.
- Option to Purchase or Rights of First Refusal: Drafting provisions for options to purchase or first refusal rights.
Dispute Resolution
We work with clients to resolve disputes efficiently and cost-effectively:
- Arbitration and Mediation: Incorporating clauses requiring arbitration or mediation before litigation.
- Litigation: Preparing for potential legal disputes regarding lease terms or breaches.
Regulatory Compliance and Risk Management
Our attorneys ensure leases are fully compliant with local, state, and federal laws:
- Building Codes and Safety Regulations: Ensuring compliance with property use, safety standards and accessibility requirements.
- Insurance Requirements: Specifying necessary insurance coverage for both tenants and landlords.
- Environmental Concerns: Addressing environmental risks and ensuring compliance with relevant laws.
Strategic Leasing Support
At Krugliak, Wilkins, Griffiths & Dougherty Co., L.P.A., we provide strategic legal support for commercial leasing matters. Whether negotiating lease terms, resolving disputes or ensuring compliance with regulatory requirements, our experienced attorneys are here to help you achieve your business objectives with confidence.