Use the above tips to formulate a plan that will allow your business to benefit from an updated lease. A strategic approach will show the building owner that you have conducted your research and that you are able to negotiate. Our rental advisor will submit your offer to the owner. Essential information necessary to evaluate the offer: - Offer of rental offer offered - Monthly payment frequency, quarterly or more by appointment - Date of withdrawal - duration of contract - Name of the tenant , (company or individual) - Special offer terms The advisor will then address the lessor on your behalf and submit your offer. If the offer is agreed, it is subject to the contract, the receipt of satisfactory references and the credits settled at the beginning of the lease. Terms agreed Once the terms have been agreed, we will ask you for a first payment to reserve the property while we process your references and rental documents. If the lease does not continue, we will reserve this amount to cover our costs. Our local office will be happy to explain this payment and our costs on this date. Once you have recognized these requirements, you accept them as talking points in the lease negotiations. In some cases, your landlord may be willing to pay some of the upgrade fee if it means keeping you as a tenant. Renewal of leases gives companies the opportunity to assess their current tenant position, rethink the commercial real estate market and use this information to negotiate a better lease. All details about any other expenses related to your rental agreement or property are described in your rental agreement.
Please ask your advisor for more details on the cost of leasing your specific lease. As you can imagine, landlords benefit financially when they renew contracts with existing tenants. When a tenant leaves, the landlord must suffer a loss of rent, as well as additional costs for necessary upgrades or renovations, and to market the empty spaces.