SlideShare ist ein Scribd-Unternehmen logo
1 von 2
Guidelines to Negotiate Better For a Commercial
Property Lease
There are millions of people who visit the city for either a vacation or to set up a
commercial real estate property that will cater to all their business needs and
requirements. Dubai has grown by leaps and bounds. As much as it has been regarded
as a tourist destination, it has simultaneously grown as a business capital of the world.
Given in this article are 5 easy tips for negotiating one without having to burn a hole in
your pocket. Read on.
1. Research: Keep in mind that real estate is a fast-paced field that needs a lot of
planning before you sign up one with one of the many deals that comes your
way. Research and knowledge on the type of commercial space you are looking
out for plays a vital role in defining your needs.
2. List: Have a checklist with you at all times. You need to know the difference
between your basic essentials and your desires. Before you sign up with a
commercial property make sure you have given due consideration to space,
facilities, infrastructure, storage, etc. You don’t want to regret taking the decision
later on.
3. Seek information: If you are looking out for information rely on professionals and
experts. For instance, ask the real estate brokers. These agents work for landlords
directly and can help you in explaining terms, advise you, as well as help you
negotiate for getting the best of deals.
4. Needs and requirements: Know the property inside out. Make sure you know
what is permitted and what is not. Additionally, figure out whether there any
zoning regulations or laws that could affect your business. At the same time, if
you wish to alter or modernize the property so as to suit your business needs and
wants, make certain that you know what all is allowed. You may also want to
know who will compensate for them, who will supervise and manage the work,
and whether you need to bring it back to its original state if you happen to move
out.
5. Subleasing: Ask the landlord if you can rent a part of the property to another
person. This can help build in some flexibility, in case, your business plans
change. Besides, subletting your commercial property to another tenant will
protect you from breaking the lease if you move out without giving a prior notice.
What’s more, it will help you cover the costs in renting the space. Thus, it will
help you save.
Renting for your business is often expensive. Nevertheless, quite a lot of owners of
commercial real estate willingly talk and discuss on the terms of the lease before
signing in. Thus, helping you save considerably. All the best!

Weitere ähnliche Inhalte

Ähnlich wie Guidelines to negotiate better for a commercial property lease

White paper subleasing office space
White paper   subleasing office spaceWhite paper   subleasing office space
White paper subleasing office space
Robert Manekin
 
Five tips for marketing commercial office space(finished)
Five tips for marketing commercial office space(finished)Five tips for marketing commercial office space(finished)
Five tips for marketing commercial office space(finished)
RandyBett
 
Quick Guide To Buying A Commercial Property From Cousins Business Law
Quick Guide To Buying A Commercial Property  From Cousins Business LawQuick Guide To Buying A Commercial Property  From Cousins Business Law
Quick Guide To Buying A Commercial Property From Cousins Business Law
HARRISONP012
 
SMARTCEO_reprint_December
SMARTCEO_reprint_DecemberSMARTCEO_reprint_December
SMARTCEO_reprint_December
Robert Manekin
 
2016 Home Buyers Guide
2016 Home Buyers Guide2016 Home Buyers Guide
2016 Home Buyers Guide
thetop10
 

Ähnlich wie Guidelines to negotiate better for a commercial property lease (20)

Successfully Investing in Multi.pdf
Successfully Investing in Multi.pdfSuccessfully Investing in Multi.pdf
Successfully Investing in Multi.pdf
 
How to Become a Fair, Reasonable, and Profitable Landlord in 6 Simple Steps
How to Become a Fair, Reasonable, and Profitable Landlord in 6 Simple StepsHow to Become a Fair, Reasonable, and Profitable Landlord in 6 Simple Steps
How to Become a Fair, Reasonable, and Profitable Landlord in 6 Simple Steps
 
Why You Should Work With a R E A L T O R J L
Why You Should Work With a R E A L T O R J LWhy You Should Work With a R E A L T O R J L
Why You Should Work With a R E A L T O R J L
 
Rules of buying a residential property in mumbai
Rules of buying a residential property in mumbaiRules of buying a residential property in mumbai
Rules of buying a residential property in mumbai
 
Notice to Pay Rent or Quit - A Guide for Landlords
 Notice to Pay Rent or Quit - A Guide for Landlords Notice to Pay Rent or Quit - A Guide for Landlords
Notice to Pay Rent or Quit - A Guide for Landlords
 
White paper subleasing office space
White paper   subleasing office spaceWhite paper   subleasing office space
White paper subleasing office space
 
Five tips for marketing commercial office space(finished)
Five tips for marketing commercial office space(finished)Five tips for marketing commercial office space(finished)
Five tips for marketing commercial office space(finished)
 
How to find quality tenants in a disorganized market
How to find quality tenants in a disorganized marketHow to find quality tenants in a disorganized market
How to find quality tenants in a disorganized market
 
Zack childress smart tips for real estate investing
Zack childress smart tips for real estate investingZack childress smart tips for real estate investing
Zack childress smart tips for real estate investing
 
Quick Guide To Buying A Commercial Property From Cousins Business Law
Quick Guide To Buying A Commercial Property  From Cousins Business LawQuick Guide To Buying A Commercial Property  From Cousins Business Law
Quick Guide To Buying A Commercial Property From Cousins Business Law
 
SMARTCEO_reprint_December
SMARTCEO_reprint_DecemberSMARTCEO_reprint_December
SMARTCEO_reprint_December
 
Thinking of Buying Space for your Practice?
Thinking of Buying Space for your Practice?Thinking of Buying Space for your Practice?
Thinking of Buying Space for your Practice?
 
Why you should work with a realtor®
Why you should work with a realtor®Why you should work with a realtor®
Why you should work with a realtor®
 
Myths Associated With Commercial Real Estate Investments
Myths Associated With Commercial Real Estate InvestmentsMyths Associated With Commercial Real Estate Investments
Myths Associated With Commercial Real Estate Investments
 
5 Mistakes to Avoid as a Real Estate Investor by Scott Prephan
5 Mistakes to Avoid as a Real Estate Investor by Scott Prephan5 Mistakes to Avoid as a Real Estate Investor by Scott Prephan
5 Mistakes to Avoid as a Real Estate Investor by Scott Prephan
 
2016 Home Buyers Guide
2016 Home Buyers Guide2016 Home Buyers Guide
2016 Home Buyers Guide
 
Entrepreneurship
Entrepreneurship Entrepreneurship
Entrepreneurship
 
Why do you Need Real Estate License to Flip Houses.pdf
Why do you Need Real Estate License to Flip Houses.pdfWhy do you Need Real Estate License to Flip Houses.pdf
Why do you Need Real Estate License to Flip Houses.pdf
 
Business & Commercial Insight: Real Estate Leasing
Business & Commercial Insight: Real Estate LeasingBusiness & Commercial Insight: Real Estate Leasing
Business & Commercial Insight: Real Estate Leasing
 
8 reasons why you should work with a Realtor®
8 reasons why you should work with a Realtor®8 reasons why you should work with a Realtor®
8 reasons why you should work with a Realtor®
 

Mehr von Move in Dubai

Rental tips for landlords in dubai
Rental tips for landlords in dubaiRental tips for landlords in dubai
Rental tips for landlords in dubai
Move in Dubai
 
4 ways to save your bill this summer!
4 ways to save your bill this summer!4 ways to save your bill this summer!
4 ways to save your bill this summer!
Move in Dubai
 
Time management how to do it best
Time management   how to do it bestTime management   how to do it best
Time management how to do it best
Move in Dubai
 
Making the right move
Making the right moveMaking the right move
Making the right move
Move in Dubai
 
Human resource management what is it all about
Human resource management what is it all aboutHuman resource management what is it all about
Human resource management what is it all about
Move in Dubai
 
7 tips to deck up your living room
7 tips to deck up your living room7 tips to deck up your living room
7 tips to deck up your living room
Move in Dubai
 
Apartments for-rent-in-dubai
Apartments for-rent-in-dubaiApartments for-rent-in-dubai
Apartments for-rent-in-dubai
Move in Dubai
 

Mehr von Move in Dubai (7)

Rental tips for landlords in dubai
Rental tips for landlords in dubaiRental tips for landlords in dubai
Rental tips for landlords in dubai
 
4 ways to save your bill this summer!
4 ways to save your bill this summer!4 ways to save your bill this summer!
4 ways to save your bill this summer!
 
Time management how to do it best
Time management   how to do it bestTime management   how to do it best
Time management how to do it best
 
Making the right move
Making the right moveMaking the right move
Making the right move
 
Human resource management what is it all about
Human resource management what is it all aboutHuman resource management what is it all about
Human resource management what is it all about
 
7 tips to deck up your living room
7 tips to deck up your living room7 tips to deck up your living room
7 tips to deck up your living room
 
Apartments for-rent-in-dubai
Apartments for-rent-in-dubaiApartments for-rent-in-dubai
Apartments for-rent-in-dubai
 

Guidelines to negotiate better for a commercial property lease

  • 1. Guidelines to Negotiate Better For a Commercial Property Lease There are millions of people who visit the city for either a vacation or to set up a commercial real estate property that will cater to all their business needs and requirements. Dubai has grown by leaps and bounds. As much as it has been regarded as a tourist destination, it has simultaneously grown as a business capital of the world. Given in this article are 5 easy tips for negotiating one without having to burn a hole in your pocket. Read on. 1. Research: Keep in mind that real estate is a fast-paced field that needs a lot of planning before you sign up one with one of the many deals that comes your way. Research and knowledge on the type of commercial space you are looking out for plays a vital role in defining your needs. 2. List: Have a checklist with you at all times. You need to know the difference between your basic essentials and your desires. Before you sign up with a commercial property make sure you have given due consideration to space, facilities, infrastructure, storage, etc. You don’t want to regret taking the decision later on. 3. Seek information: If you are looking out for information rely on professionals and experts. For instance, ask the real estate brokers. These agents work for landlords directly and can help you in explaining terms, advise you, as well as help you negotiate for getting the best of deals. 4. Needs and requirements: Know the property inside out. Make sure you know what is permitted and what is not. Additionally, figure out whether there any zoning regulations or laws that could affect your business. At the same time, if you wish to alter or modernize the property so as to suit your business needs and
  • 2. wants, make certain that you know what all is allowed. You may also want to know who will compensate for them, who will supervise and manage the work, and whether you need to bring it back to its original state if you happen to move out. 5. Subleasing: Ask the landlord if you can rent a part of the property to another person. This can help build in some flexibility, in case, your business plans change. Besides, subletting your commercial property to another tenant will protect you from breaking the lease if you move out without giving a prior notice. What’s more, it will help you cover the costs in renting the space. Thus, it will help you save. Renting for your business is often expensive. Nevertheless, quite a lot of owners of commercial real estate willingly talk and discuss on the terms of the lease before signing in. Thus, helping you save considerably. All the best!