COMMERCIAL LEASING

Experienced commercial leasing lawyer for real property and equipment lease arrangements (in Alberta and Ontario, Canada).

Contact Neufeld Legal PC at 403-400-4092 or Chris@NeufeldLegal.com

Commercial leases in the Calgary and Toronto metropolitans have become increasing complicated, with ever more aggressive negotiating tactics and highly specific wording (all too often having hidden meanings). This has made the leasing process increasingly frustrating and uncertain. And because of these heightened challenges, it has become even more important that leases are carefully reviewed, negotiated and drafted, otherwise the financial costs and/or legal problems that can arise from an incorrect or inadequate lease agreement can have severe repercussions for your business.

Leasing agreements play an invaluable role in a business' success, making knowledgeable legal counsel a critical factor in getting your lease done right, including:

- advising and coordinating your lease negotiations

- protecting you from negotiating away important rights and safeguards

- obtaining important concessions and benefits from the other side

- identifying traps and pitfalls in the other side’s requests

- drafting the terms of your offer to lease and lease agreement

- reviewing and explaining the contents of a proposed lease

- obtaining changes to the lease that protect your interests

- securing the other side’s compliance with their lease obligations

- resolving disputes and enforcing legal responsibilities.

For knowledgeable and experienced legal representation in commercial leasing matters, whether that entails lease review, drafting, negotiation and enforcement, contact commercial leasing lawyer Christopher Neufeld at Chris@NeufeldLegal.com or 403-400-4092 / 905-616-8864.

Importance of Commercial Lease Review: Even though most commercial lease agreements are viewed as standardized and with very little flexibility for change from the landlord, it is nevertheless important that commercial tenants have some degree of legal review of their commercial lease agreements in advance of signing them. Read More.

 

Net Lease versus Gross Lease: In the world of commercial real estate, landlords never seek to be outdone when it comes to the rent that they charge commercial tenants for renting the leased premises. Nevertheless, the manner in which landlords structure rental payments can vary substantively, based on how the landlord believes it will best incentivize a prospective tenant to commit to the proposed lease arrangement. Read More.

 

What is a Sublease? A sublease is a legal agreement whereby an existing tenant / lessee (the "sublessor") rents out a portion of their leased premises to another party (the "subtenant" or "sublessee") for a portion of the original lease term. A key characteristic associated with a sublease is that the original tenant remains fully responsible to the landlord for the rent and all the terms of the original lease agreement, and most often requires the written consent of the landlord to proceed with the sublease (so as not to breach the original lease agreement). Read More.