Search results

Yes it's a tenant issue rather than a landlord one. But it was raised to demonstrate how important a lease is to a tenant so you have to make sure it's in your favour as much as possible.

Residual Value = The value that someone will pay to buy the business from the existing owner. This is also known as 'goodwill' - as there is no physical asset apart from a few things like stock and equipment. Just remember that for ANY business - without a secure lease in place, the goodwill...

Even if it is an existing lease you still have to know what it says...why make mistakes if you don't have to?

The lease is your bible. Treat it as such.

Leasing agents are helpful when it comes to lease negotiations because they (presumably) know the market rental so you know where you stand. In commercial leasing the 'bond' (more commonly known as security deposit) is held where the lease says it will be held. Usually this is in the landlord's...