{"id":2909,"date":"2016-05-20T09:27:31","date_gmt":"2016-05-20T14:27:31","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=2909"},"modified":"2016-05-20T09:27:31","modified_gmt":"2016-05-20T14:27:31","slug":"essential-terms-for-a-commercial-lease","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=2909","title":{"rendered":"Essential Terms for a Commercial Lease"},"content":{"rendered":"<p><a href=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2016\/05\/commercial-lease.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-thumbnail wp-image-2910\" src=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2016\/05\/commercial-lease-150x150.gif\" alt=\"commercial lease\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>If you are a landlord or a tenant of a commercial space and are not familiar with commercial leases, here are a list of important terms that every commercial lease should include:<\/p>\n<ol>\n<li>Description of the Premises &#8211; It is important to ensure what exactly you are renting.<\/li>\n<li>Use &#8211; Make sure you can use the property how you want.<\/li>\n<li>Base Rent &#8211; This is the amount of rent, usually given in a per-square-foot amount.<\/li>\n<li>Additional Rents &#8211; Pay attention to ownership costs, maintenance costs, and property taxes.<\/li>\n<li>Security Deposits &#8211; The amount you need to put up front in order to lease the property.<\/li>\n<li>Letters of Credit &#8211; A letter from your bank telling the landlord you have sufficient funds to pay your rent.<\/li>\n<li>Guarantees &#8211; Usually makes the individual owner of the tenant business personally liable for any rent due.<\/li>\n<li>Assignment &#8211; This discusses a tenant&#8217;s ability to pass the lease off to someone else.<\/li>\n<\/ol>\n<p>If you are thinking of getting involved in a commercial property or you need someone to review your existing lease, contact our office at 816-524-4949 or visit our website at <a href=\"http:\/\/www.Hoorfarlaw.com\">www.Hoorfarlaw.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are a landlord or a tenant of a commercial space and are not familiar with commercial leases, here are a list of important terms that every commercial lease should include: Description of the Premises &#8211; It is important &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=2909\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[267,875,776,590,348,693,732,596,718],"class_list":["post-2909","post","type-post","status-publish","format-standard","hentry","category-general","tag-attorney","tag-commercial-lease","tag-down-town-lees-summit","tag-landlord","tag-law-office-of-camron-hoorfar","tag-lawyer","tag-loch","tag-tenant","tag-we-can-help"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/2909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2909"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/2909\/revisions"}],"predecessor-version":[{"id":2911,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/2909\/revisions\/2911"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}