Yonkers and Westchester County NY Residential & Commercial Leasing Attorneys
Protecting the rights of landlords and tenants in negotiating commercial leases
The terms of a lease have a significant impact on the profitability of a business. Without proper legal counsel, a business owner or developer may agree to lease terms that restrain a project or business—by agreeing to rent that is too high or by accepting terms that limit business activities. On the other hand, building owners should also be careful in drafting lease terms before they allow a business to rent a space. Whether you own property, or are looking for a location for your business, the Yonkers commercial leasing attorneys at Ball & Ferrari, P.C. protect your best interests. With our expertise, a fair and reasonable lease may be negotiated, drafted, and enforced.
Starting negotiations early is the key to success
If you need assistance with a commercial lease, it is best to seek the advice of our experienced real estate attorneys as soon as possible. If you engage in negotiations and hire our firm at the very end of the discussions, you may find that the terms you are reviewing are biased, or unfair to you. Our commercial real estate attorneys carefully examine all documents and assess whether it safeguards your best interests. If not, we step in and re-negotiate fair settlement terms on behalf of landlords and tenants. Because commercial leases may contain a term of several years, it is important to go over its conditions in detail with our attorneys long before you sign on the dotted line.
Our attorneys offer guidance on all lease terms
If you are negotiating a lease, there are several terms that have a lasting impact on the property or business. These include:
The length of the lease
Rent increases and caps
The possibility of subleasing or assigning the property
Whether all costs are included in the lease
These terms, in addition to a number of other clauses, should be carefully reviewed by an attorney before you sign a lease. If you are a business owner, these factors have a significant effect on the life of your business. If you are a property owner, you need to be sure your space is taken care of and that its value is not negatively impacted by the tenant.
Commercial real estate attorneys are an invaluable resource during lease negotiations. With a proper lease in place, the landlord-tenant relationship should be a peaceful one that is free from legal disputes.
Experience you can trust
At Ball & Ferrari, P.C., our Yonkers New York commercial real estate lawyers have negotiated leases of all types for our clients. We carefully study and explain all terms so you understand what you are signing—and we work hard to ensure your lease is fair to you. To schedule a consultation to discuss your legal needs, call (914) 779-2600 or contact us online.