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It seems straightforward enough, right? You are going to
propose a decrease in rent because your colleague next
door is paying $2 less per square foot than you – now, this
just doesn't seem fair! You believe you should be paying the
same or less than them because you've been a tenant at
the property for much longer, and have never defaulted on
your rent, right?
Well, what if I told you that your neighbor's office lease may
in fact have lower rental rates, but also limits their ability to
sell their property? In addition, the lease contains language
permitting the landlord up to 50% of their eventual sale
proceeds. Now, what if I told you that your lease contains
the same major pitfalls?
Enhancing your knowledge about the following key lease
provisions can help you build a proper lease renewal
negotiation strategy and protect you from unnecessary risk.
Let's discuss a little further.
Lease renewal tips:
Avoiding
veterinary office
lease pitfalls
By Eric Pook, President, Cirrus Consulting Group
Picture yourself about
to begin the process
of renegotiating your
veterinary office lease with
your landlord.
