Your Guide in Commercial Lease Negotiation
Commercial lease negotiations tend to become quickly overwhelming for many tenants due to the number of legal discrepancies involved in contractual agreements. Therefore, it’s not recommended that either party, tenant nor landlord, go into one unprepared, alone, and without the right council of a practicing business attorney. With over three decades worth of experience in commercial real estate and lease negotiations, Peter Wittlin has stood firmly by tenants in multiple courts throughout many years, offering them practical advisement concerning any title issues, and is the lawyer Southern California turns to for resolving legal disputes.
There is no such thing as a typical or straightforward commercial lease agreement. The terms and conditions for each case vary widely and their provisions are rarely similar. That’s why it’s advised for even the most knowledgeable of tenants to seek attorney involvement before agreeing to any terms, as not doing so could end up costing time and money down the road.
The most common issues commercial tenants run into with their lease agreement tend to be in the following areas:
- Base rent
- Operating expenses
- Maintenance charges for common areas
- Leasehold improvement charges
- Calculated rent based on gross sale percentage
An experienced lawyer knows how imperative it is to read between the lines of any commercial lease agreement and how to identify and potentially problematic areas for the client. Furthermore, attorney Peter Wittlin also knows how to shop the market to identify what else is or is not included in other lease negotiations of a comparable value.
Over 30 Years of Commercial Lease Negotiation Experience
The most fundamental aspect to commercial lease negotiations is that both parties fully understand the premise of their agreement. Peter Wittlin is not only extensively knowledgeable in legal matters he also has the patience and determination to figure out the small and complex details all while understanding the needs of every client moving forward in their case. His vast expertise regarding business law in California has helped numerous tenants fully understand the complexities of their case in the simplest terms possible. With nearly 35 years of helping commercial tenants in the areas of Orange County, Riverside County, and Los Angeles County, nobody knows commercial real estate leases in Southern California better than Peter Wittlin.
Helping Tenants Reduce Commercial Leasing Costs
The firm of Peter C. Wittlin Attorney at Law advises clients on landlord-tenant agreements to make certain every unnecessary expense is avoided. He will review the proposed lease, take into consideration the length of a lease (three-year versus five-year leasing period, etc.), check upon the tenant improvement allowance and common area maintenance charges (triple net factors — rent, insurance and property taxes), and make certain that basic rent, cost of living and annual increases are in line.
Peter Wittlin is an experienced commercial real estate lease negotiator and has negotiated commercial real estate lease agreements with some of the largest landlords and landlord representatives in Southern California. If compromises must be made in one area, he will negotiate for reductions in other areas. This can include negating of percentages of income rent being paid upon the lease or even obtaining free rent for the first three months of the leasing period.
Schedule a Consultation to Discuss Your Commercial Lease Contract
Contact Peter Wittlin by filling out the form below with a brief description of your legal issue, or simply call his law firm at (949) 430-6366 to schedule your initial consultation. His law firm is located at 8 Corporate Park Suite 300 in Irvine, California.