Getting an office space lease can be a complicated process especially if you do not check the provisions in your contract. Remember, knowing the Terms and Conditions can save you from trouble and unnecessary costs in the long run.

Below are unfair provisions that you should watch out for when studying your office lease agreement:

• Charges for building repairs costs, insurance premium, property taxes, and other building expenses can increase during your lease term.

• Your landlord can terminate your lease contract without a valid reason.  (more…)

In some instances, a business owner must make the decision to give up its current lease location.  Perhaps the business isn’t going as expected and moving to a different location is a better choice.  This article discusses possible options for small business owners who want to discontinue their current office space lease contracts.

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To determine the operating costs involved in a commercial real estate lease, it’s important to know exactly what services would be provided by your landlord.  Generally, services that are provided for a leased office space are electricity, cleaning services, security, air conditioning, heating, maintenance and repairs.

Whether or not you would be paying for these operating costs separately from your monthly rental depends on the agreement between you and your landlord.  It is very important to understand exactly the terms of payment associated with your lease right before signing any contract.

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