Running a California business often means needing a place out of which to operate. While some small businesses may have the ability to operate out of their homes, that is not always feasible for those looking to grow their companies. As a result, they often utilize commercial real estate to do business, which typically also means signing a commercial lease.
Leases are legally binding documents, and business owners can work to negotiate terms. If individuals have already signed a lease and the duration of the contract is coming to a close, it may be time to start thinking about negotiating. In some cases, parties may be able to negotiate for a lower rent, especially if new businesses are paying a lower rent to the same landlord.
Another aspect of the lease that could be up for negotiation is the rent for signage. Business owners may want to look at their signage rent and consider areas where they may be able to negotiate for rent reduction or even a period for free signage rental. The exact terms owners may be able to achieve will depend on their existing leases and landlords.
Because leases for commercial real estate are legally binding documents, it only makes sense for business owners to have legal professionals on their sides. Tenants may have the ability to learn more about areas of their leases they may be able to negotiate, and they do not have to go at negotiating on their own. Experienced California attorneys could help business owners make sure they do not get taken advantage of.