Assisting Clients With Commercial Property Agreements in Minneapolis
The leasing of commercial property for business activities is an area of transactional law with many intricacies. Often, commercial landlords have the upper hand in negotiations with tenants. However, an experienced attorney can provide some balance to the relationship.
I'm Minneapolis attorney Lee Watson, and I have decades of experience drafting, reviewing and negotiating commercial leases. Contact me today to set up a consultation.
Understanding Which Issues Need to Be Addressed
Commercial leases contain many terms that may not seem important at first glance but could make a huge difference at some point. A well-drafted commercial lease should provide relative protection to each of the parties from uncertainties such as:
- Casualty and fire
- Sale and lease contract disputes
- Condemnation and eminent domain
- Changes in the real estate market and property taxation
- Business dissolution
Often, when a commercial landlord proposes a lease agreement, the provisions not only are favorable to the landlord but also expose the tenant to substantial risks. I can counsel you on the consequences of a proposed lease and negotiate with the other party on your behalf.
If you end up in a dispute as a result of a commercial lease, I can also represent you in any necessary negotiations, litigation or arbitration.
Making Sure Your Interests Are Protected
I primarily represent tenants, but also have experience representing landlords in the drafting and negotiation of all types of commercial leases. I have been involved in leases for retail organizations, service organizations and providers of live entertainment.
Many commercial leases involve terms of multiple years, requiring a major commitment. Consulting a lawyer before signing a commercial lease can be an important step when it comes to avoiding unnecessary risks. Contact me to discuss how I can assist you.
