Negotiating a commercial property lease agreement The first thing to realise when you are about to enter into a lease for a commercial property is that there is no such thing as a standard contract. I get concerned that many individuals and organisations believe that commercial property leases are standard [they are not] and that any “standard” variations are simply the preserve of the landlord [they are not]… The first thing to realise when you are about to enter into a lease for a commercial property is that there is no such thing as a standard contract. I get concerned that many individuals and organisations believe that commercial property leases are standard [they are not] and that any “standard” variations are simply the preserve of the landlord [they are not]. Continue reading “Negotiating a commercial property lease agreement”
How to educate your landlord The commercial rental property market in New Zealand continues to be very much a tenant’s market… but there are many landlords who simply don’t get it… The commercial rental property market in New Zealand continues to be very much a tenant’s market… but there are many landlords who simply don’t get it. Negotiating myopia It amazes me in the many negotiations I conduct for clients how many landlords take such a short-term view and, by playing hard ball, lose out on securing long-term tenants. Continue reading “How to educate your landlord”
Thinking ahead to the new decade The property lease market today is incredibly fluid so the terms and conditions available to tenants are, I would say, little short of sensational… It’s hard to believe but in just eight months we tick over into the second decade of the 21st century, *2010*. What got me thinking about the near future was the varying terms on offer in property leases at the moment. It’s not that long ago that leases for 10 years were the norm. These days we are most often talking about Continue reading “Thinking ahead to the new decade”