Law Office of Henry B. LaTorraca Civil Trial Attorney

Terms and conditions of an office lease in California

There are many factors that a renter needs to consider when leasing office space in California, no matter the type of business. Two important factors include finding a good location and negotiating a fair monthly rent. It may also be worthwhile to specify how much usable square footage is actually available. Reviewing blueprints of the building's available space may be beneficial.

One aspect of the lease that should be determined ahead of time is the length of the lease and the amount of rent to be paid each month. If possible, it may be a good idea to have a chart included in the lease agreement outlining when payments are due. This can help a company plan in advance how much money needs to be set aside for rent obligations.

Among other issues to consider is the hours that the space can be used and how to get out of the lease. Not being able to have access to the space when necessary or having to pay extra for that right can turn an affordable rental into an expensive one. When signing the lease, make sure to look for any clauses that could terminate the lease early to allow the landlord to cater to potentially higher paying tenants.

When negotiating commercial real estate leases, enlisting assistance from an attorney may be helpful. A legal professional may be able to look for any unfavorable clauses or other terms that could hamper a tenant in the future. Legal assistance may also be beneficial if a contract dispute arises. In the event of a contract dispute, a tenant may be entitled to compensation if the lease is violated.

Source: Gaebler Ventures, "Office Leases: Important Terms and Conditions", Brent Pace, January 05, 2015

No Comments

Leave a comment
Comment Information

Creative Solutions for Complex Legal Issues

Map email us for a response

Contact the Law Office of Henry B. LaTorraca

Prospective clients are invited to contact attorney LaTorraca at 562-216-2942 for an initial lawyer consultation to discuss their legal matter.

*AV Preeminent is a certification mark of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.

Contact Us

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Follow Henry B. LaTorraca Via Social Media

400 Oceangate Suite 700 Long Beach, CA 90802-4306 Phone: 562-216-2942 Fax: 562-216-2943 Map & Directions

facebook google plus LinkedIn directions