Commercial Lease Drafting and Review

The lease is the cornerstone of any landlord-tenant relationship, and in commercial leases, the terms can have a significant impact on both parties. To ensure your interests are fully protected, it’s crucial to seek the counsel of an experienced California commercial lease lawyer.

With over 40 years of experience, the team at Wallace, Richardson, Sontag & Le, LLP has been providing trusted legal support to property managers and landlords. We are well-versed in handling cases before all California state and federal courts and are equipped to help you navigate the complexities of commercial lease drafting and review. Contact us today to learn how we can assist you.

Important Considerations for Commercial Leases

Commercial leases present unique issues that differ from those in residential tenancies, with many residential regulations not applying to commercial agreements. It’s crucial that all parties fully understand the terms of the lease to prevent any misunderstandings. A California commercial lease lawyer from our firm can advise you on important considerations, including:

• Maintenance and repairs. These agreements should clarify which party is responsible for standard maintenance, repair, and improvement issues. It is possible for this obligation to differ from common areas to parts of the building that are exclusive to the tenant.
• Property damage. Property can be damaged or destroyed in a number of ways. Commercial tenants and landlords should have a clear understanding of who is obligated to cover these costs. In addition to liability issues, a lease might require business interruption insurance, address abatement of rent, or spell out specific landlord repair duties.
• Assignment rights. A commercial lease should spell out the rights related to assigning or renewing the terms of the lease. Many landlords prefer to prohibit assignments, but this is one of many details that could be negotiated.
• Waivers. It is possible to waive certain rights under California law. These waivers should always be in writing.

How We Mitigate the Risk of Litigation

A primary goal of a California commercial lease attorney is to help property owners reduce the risk of potential legal disputes. This starts with meticulously outlining the rights and responsibilities of both parties in the lease agreement. Clear terms are essential, including well-defined grounds for termination, specific notice requirements, and provisions for remedying defaults. By ensuring that both parties understand their obligations, we help prevent ambiguity that could lead to costly litigation.

Contact A California Commercial Lease Lawyer at Wallace, Richardson, Sontag & Le, LLP

With decades of experience in handling commercial leases, our firm is well-equipped to assist you with everything from drafting comprehensive lease agreements to reviewing terms proposed by other parties. A California commercial lease lawyer from Wallace, Richardson, Sontag & Le, LLP can provide the guidance you need to ensure your interests are protected. Reach out today to discuss your options and secure sound legal counsel.