By Craig T. Watrous
Commercial leases often last for many years, even for decades. The space your business rents is the backbone for your company's operations. It’s critical to fully understand and negotiate the terms and conditions of your commercial lease so that your company has the flexibility and certainty it needs to do business without interuption or unnecessary risks.
Commercial leases in Colorado are often long, complicated legal documents, heavily sided in favor of the landlord. Commercial leases often lack pro-tenant rights and protections typically found in residential leases The following is by no means a complete opinion on commercial leases, but every tenant should carefully consider these ten issues prior to entering into a commercial lease:
(Mallon & Lonnquist, LLC, is a real estate, business, employment, and litigation law firm. Craig T. Watrous is a Colorado real estate attorney with Mallon & Lonnquist, based in Denver, Colorado. Craig regularly represents clients on both sides of commercial leases, both tenants and landlords. Craig can be reached at cwatrous@mallon-lonnquist.com.)
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