What Questions Should I Ask About Leasing A Building For Business?
I'm looking at a property to open a business, but have never done this before. Want to get some info before hand. Any help would be appreciated.
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There are several factors to consider. First are you using a realestate agent or are you in direct contact with the owner. Make sure you go over the terms and conditions of the lease very carefully. You need to ask questions such as who will carry the insurance. The building has to be insured by the owner, but, ask "if" and "what" are covered by the owner. On all things. Ask who pays the utilities who covers repairs and maintenance. If you want more info I do business consultation I would be happy to answer your questions. Hit my shoutbox to ask me any questions or give me an email address and I can walk you through the process or answer any of your questions... Let me know if this helps...
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Great info. Thanks for your help and I will definitely be in touch.
If you don't have the money to get this wrong then your best bet is to hire an attorney who specializes in real estate. He will negotiate the best rate on the lease and will make sure they don't try to cheat you on the contract. Spend a few thousand now to avoid spending many thousands later.
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