Links from this article:
Read the article here.

Business owners will often assume all commercial leases to be standardized agreements, therefore signing without reading. The tenant can be signing off on an increase of rent or expenses without realizing that commercial leases are not necessarily standardized agreements.

Additional rent can be expected if the tenant wants control of common areas in a building. This is known as a triple net lease, where the tenant pays all building common area expenses. The rental price per square foot may be stated in the agreement to stay fixed for the term, however, the agreement may not mention the status of the building common area expenses.

Read the article here.


Take away:

  • Parties to an agreement must ensure that they thoroughly read the agreement before possibly signing off on additional expenses they would otherwise have not agreed to


–  –  –

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find where you see this logo.