COMMERCIAL LEASING
COMMERCIAL LEASING
Expert Commercial Leasing Services at Lawandi.com: Facilitating Successful Business Ventures in New Jersey
Navigating the intricacies of commercial leasing can be a complex and critical aspect of your business success. At Lawandi.com, we specialize in providing expert legal support for all facets of commercial leasing in New Jersey. Whether you're a property owner or a business seeking to lease commercial space, our dedicated legal team is here to ensure your leasing agreements are comprehensive, fair, and beneficial.
Our attorneys have a deep understanding of the commercial real estate market and the legal intricacies involved in leasing transactions. We prioritize a tailored approach, acknowledging that each client's needs and objectives are unique.
Our Commercial Leasing Legal Services Include:
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Customized Lease Agreement Drafting: We draft lease agreements that cater to your specific business needs and goals, ensuring legal soundness and clarity.
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Negotiations and Contract Review: Our team adeptly handles negotiations and reviews contracts to safeguard your interests, whether you are a lessee or a lessor.
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Risk Assessment and Mitigation: Identifying potential risks in commercial leasing is crucial. We conduct thorough evaluations and provide strategies to mitigate risks effectively.
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Compliance and Due Diligence: We ensure your lease agreements comply with all relevant local and state regulations, performing due diligence to protect your legal and financial interests.
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Dispute Resolution and Litigation Support: In the event of disagreements or disputes, our experienced attorneys are ready to represent your interests, offering solutions through mediation or, if necessary, litigation.
Ongoing Consultation and Communication: At Lawandi.com, we believe in building lasting relationships with our clients. We maintain open lines of communication, offering continuous guidance and updates throughout the leasing process.
Partner with Lawandi.com for Your Commercial Leasing Needs
Embark on your commercial leasing journey with confidence, having Lawandi.com by your side. Contact us for a comprehensive consultation and experience unmatched legal support in New Jersey. Our team is committed to ensuring your commercial leasing agreements align with your business objectives, facilitating successful and secure business operations.
A well negotiated lease should enhance a business and help both the Landlord and the Tenant prosper. The lease should articulate the improvements made by the Tenant or the Landlord; it should address a non disturbance agreement in the event the property is foreclosed on by the Landlord’s lender, and it should discuss personal exposure and prepare both parties in the event of default. Guarantees can take several shapes. For example, it may have a financial cap, or it may limit an individual to only fulfill certain covenants as opposed to only monetary covenants. The lease should also address assignment and sublet of all or a portion of the leases premises and prevents the right of recapture. A well drafted lease is essential for a commercial Landlord.
What is the common form of eviction proceeding for a commercial Tenant and what is the customary length of time for that proceeding?
An action for eviction is brought as a summary dispossession proceeding in the Superior Court, Law Division, Special Civil Part. N.J. Stat. Ann. § 2A:18-53. The time frame for such proceedings varies but is usually completed 30 to 60 days after commencement.
Am I required to hold a commercial security deposit in a separate account?
New Jersey’s Security Deposit Law governs security deposits for residential leases. N.J. Stat. Ann. § 46:8-19 et seq. No such statute governs commercial leases. Commercial lease provisions regarding security deposits are negotiable.
Is there any limitation on the ability of Landlords to exercise self-help in a commercial lease?
A Landlord may not use force when exercising self-help. Where a lease permits the Landlord to re-enter and take possession of the demised premises upon the Tenant’s breach of any of the covenants of the lease, the Landlord may not re-enter and re-take possession by force, even if such force is only used as is necessary to expel the lessee. If the lessee will not leave the premises voluntarily, commercial Landlords are usually limited to summary dispossession actions. See N.J. Stat. Ann.§ 2A:18-53.
Contact our office today to assist you in negotiating a lease for your premises.
