Category Archives: End of Lease Term

DamageEnd of Lease TermRepair and Maintenance

How Tenants Can Limit Lease Surrender Liability

Looking forward to a new chapter in your business, you just moved into your new office space.  Your old office building is, however, haunting you after receiving an invoice from your prior landlord for restoration obligations.  Most office leases contain … Continue reading

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End of Lease TermOptions, Rights, and Renewals

The Option to Extend: Leverage in a Soft Market, Protection in a Tight Market

When market conditions are soft and favor tenants, an extension option in your lease establishes a baseline for renewal/renegotiation discussions with your landlord.  Additionally, a tenant-favorable provision can serve not only as a bargaining chip in negotiations with your current landlord, it can … Continue reading

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End of Lease TermOptions, Rights, and Renewals

Your termination option, how good is it?

An office lease is a long term commitment, but the real estate needs of your business are subject to change.  Armed with foresight and enjoying maximum leverage (because you were still talking with multiple landlords) you had your broker negotiate … Continue reading

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