admin | December 6, 2009 in Business Resources | Comments (0)
Tags: Binding Contract, Contract Violation, Insurance Premium, Landlord, Lease Agreement, Lease Contract, Lease Term, Lease Terms, Lessor, Office Lease, Office Leases, Office Space Lease, Property Taxes, Provisions, Repayment Obligations, Stipulations, Sublease Space, Subtenant, Unnecessary Costs, Valid Reason
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…)
admin | October 4, 2009 in articles | Comments (1)
Tags: Cap Rate, Commercial Lease, Consumer Price Index, Excessive Increase, Freelance Workers, Index Cpi, Landlords, Lease Costs, Lease Payments, Lease Spaces, Lease Term, Maximum Limit, Money Saving, Office Space Lease, Office Spaces, Rate Increase, Small Business Owner, Temporary Office, Variable Interest Rates, Ways To Save Money
Renting an office space surely can be expensive. Many landlords today offer leases with variable interest rates so your monthly rent may increase yearly depending on the Consumer Price Index (CPI). Is it possible to cut back costs from your office space lease? Here are some tips:
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