the office relocation planning website

Top Reasons to Consult a Lawyer when Moving Office

The commercial lease you sign for your new office space is one of the most important documents your business is likely to obtain. Not only that, but the office rent you are committing to within that lease is also one of the highest capital outlays your business will pay out - so it pays to take the time to get it right and consult with a Real Estate Lawyer to make a double-check that all your interests are accurately reflected within the lease.

Here are the main reasons why it's so important to consult with a Real Estate Lawyer when you move office:

To Review the Lease
A Real Estate Lawyer will ensure everything that you've agreed (verbally or in writing) with the Landlord is accurately reflected in the office lease.

To Draft Additional Lease Provisions
There will be certain provisions that you would like included in the office lease, and your Landlord asks you to word them accurately for inclusion in the lease. You'll want to make sure that the wording is accurate and that your needs are met and accurately reflected. A Real Estate Lawyer will do this on your behalf.

To Research the Property
You think you've found the perfect space for your business, so now you need to check whether there are any planning or zoning restrictions on the property. Is it fit for your purpose? A Real Estate Lawyer will research all the appropriate zoning laws for you on that particular property.

To Ensure an appropriate Exit Strategy
With all the excitement of finding the ideal space, it's easy to overlook important issues such as how to give notice when the time comes for you to vacate the property. You'll want a realistic and financially viable exit strategy, and preferably a break clause, to secure your position should any unexpected circumstances arrive during your tenure. You also need to make a note of the date by which to give notice.

To find a Real Estate Lawyer in your area, click here. Use the Office Space Checklist to help you review each office property and ensure it fulfills all your business requirements.

 

Planning an office move? Go the office relocation planning resource center

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