Commercial leases can contain costly surprises that catch tenants off guard and create major challenges for landlords. In this informative session, we’ll explore three key risk areas every commercial tenant and landlord should know about:
Repair Obligations: Many leases include ‘full repairing’ terms, which may require tenants to return the property in better condition than when they took it on. Misunderstanding these obligations can result in substantial end-of-lease costs.
Break Clauses: Often seen as an escape route, break clauses come with strict conditions and timelines. Failing to meet notice requirements or comply with terms, such as clearing arrears or reversing alterations, could leave tenants locked into a lease longer than expected.
Service Charges: These fees cover shared costs such as maintenance and insurance, but without clear caps or transparent breakdowns, they can become unexpectedly high. Mismanaged service charges can drain resources and spark disputes between landlords and tenants.
Join us at this event in partnership with Davis Blank Furniss to learn how to identify these risks early and manage them effectively. The aim is to ensure landlords have peace of mind and tenants can focus on running their business, not battling their lease.
Please be mindful that spaces will be allocated to businesses that this event is intended for, and we may have to offer tickets on a priority basis.