Negotiating Commercial Leases Laying the Foundations (Part 1 of a series)


If the lease on a property you wish to occupy is constructed without the right foundations, a great deal of money – which is usually not budgeted for – might be needed to rectify the damage caused. The result can be the same if the foundations are not set in place during a leasing negotiation.

Following is an overview of the steps that can, and should, be taken to establish the right foundations and the issues surrounding this stage of the leasing process.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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