{"componentChunkName":"component---src-templates-blog-post-ts","path":"/tips-to-consider-when-renewing-a-commercial-lease/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"b67da3e9-19e7-5e98-8f25-796b1432acad","excerpt":"Parties to a commercial lease who wish to negotiate a renewal must make sure they are negotiating with the right person. For example, franchisee tenants may…","html":"

Parties to a commercial lease who wish to negotiate a renewal must make sure they are negotiating with the right person.

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For example, franchisee tenants may have to negotiate with the landlord directly, or negotiate with a property manager, a real estate agent or an in-house representative. Do some research about the landlord, and start preparing to negotiate 9 to 12 months in advance of the renewal.

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When renewing a commercial lease, there are some factors parties need to take in consideration. Researching the other party is one important factor that parties often neglect. Reviewing the terms of the original lease is also important, as situations related to the terms may have changed over the course of the lease. One of the most important pieces of advice is to always negotiate the terms. As a returning customer, the tenant may be eligible for incentives if they choose to renew the lease.

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Takeaway:

\n","frontmatter":{"title":"Tips to Consider When Renewing a Commercial Lease","date":"January 03, 2016","description":"Parties to a commercial lease who wish to negotiate a renewal must make sure they are negotiating with the right person.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com. Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["Commercial Lease","Parties","Commercial Activities","Rajah"]}}},"pageContext":{"slug":"/tips-to-consider-when-renewing-a-commercial-lease/","previous":{"fields":{"slug":"/legal-tips-and-tricks-shotgun-clause/"},"frontmatter":{"title":"Legal Tips and Tricks: “Shotgun Clause”","tags":["Compulsory Buy Sell Provision","Company Formation","Shareholders Agreement"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}},"next":{"fields":{"slug":"/utilities-of-a-reverse-stock-split/"},"frontmatter":{"title":"Utilities of a Reverse Stock Split","tags":["ESOP","Stock Split","Human Resources","Rajah"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}}}}}