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These three commercial lease issues can jeopardize your business

On Behalf of | Nov 3, 2021 | Uncategorized

The terms of a commercial lease can shape the way that your business operates. But even if the terms of your commercial lease seem clear, you can still run into a dispute with your landlord. Depending on the context of your disagreement, the stakes can be high, potentially costing you thousands, perhaps even tens or hundreds of thousands, of dollars in expenses. That’s why it’s important that you know how to navigate this area of the law, especially if you’re facing any of the following issues:

  • Property damages: These disputes usually revolve around who will pay for the damage. Keep in mind that in most instances a tenant can’t break a lease without some sort of penalty, so you’ll want to make sure you’re taking the steps necessary to avoid liability for the damage and get your landlord to pay for it.
  • Property repairs: This is a similar issue. Here, make sure that you understand the relevant parts of your lease so that you know what you’re responsible for and what your landlord is responsible for. If you can’t settle that informally, then legal action may be justified.
  • Property use agreement: Another key provision of your lease that can cause litigation is the way in which the property can be used. If your landlord reads the terms of your lease to be restrictive, then you may need to take aggressive legal action to either obtain a broadened interpretation of those terms or to get out of your lease.

Protect your interests in your commercial dispute

There’s a lot at stake in commercial litigation. That’s why it’s imperative that you know the law and how to utilize it to your advantage. This is true even when you’re facing a landlord-tenant issue in the commercial lease context. If you’d like to learn more about what you can do to protect your interests in these matters, then we encourage you to continue to read our blog and browse our website.