Commercial lease disputes are common real estate problems that often call for the services of a lawyer. Those involved can be landlords, tenants, brokers and developers. The dispute can be about construction defects, breach of lease, unauthorized activities by tenants, commission disputes or personal injury claims.
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Listed below are some of the major reasons that cause commercial lease disputes:
Non-payment of rent often leads to other charges, such as eviction notices and updates to rental agreements. A good lawyer may be able to get all the pending issues settled by negotiating on the pending rent and getting it settled first. The same applies for unauthorized activity by tenants, which may be considered a serious violation (or not) at the landlord's discretion.
However, some claims like personal injury or damage caused by some construction defect or lack of building maintenance are more serious and will require both sides to get ready for a trial. Disputes with third parties like real estate mortgage brokers, lenders and the local regulating authority may happen with a new lease if the tenant and/or landlord are not aware of property codes and local regulations about ownership and rentals.
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Did you know?
Landlords can be held liable in a commercial lease dispute related to adverse property conditions that impact the business.
By default, tenants have to provide written notice of required maintenance, and then the landlord has more time to get it done. In the meantime, the adverse conditions may affect the tenant's business. To avoid this situation, appropriate provisions have to be inserted into the lease agreement.