1. Start by understanding the business and its needs:
This means understanding what the business is looking for in a property, what its needs are, and what its budget is. It's important to have a clear idea of all of this information before starting to look for properties.
2. Review the proposed property and assess its suitability:
This includes looking at the size, location, and condition of the property and assessing whether it meets the needs of the business.
3. Understand the terms of the proposed lease agreement:
This includes reading through the entire lease agreement and understanding all of the terms and conditions. It's important to negotiate any areas that are unclear or that don't agree with what was discussed during negotiations.
4. Negotiate the terms of the lease agreement:
This is where the real negotiation happens. The goal is to come to an agreement on as many points as possible so that both parties are happy with the final result.
5. Get everything in writing:
This includes getting written confirmation of any agreements made during negotiations, as well as anything that was amended or changed from the original proposal.
6. Make a final review of the lease agreement before signing:
This means going over everything one more time to make sure there are no surprises and that everything is in order. If everything is good to go, then a signature can be given!
7. Have a lawyer review the lease agreement (optional):
Having a lawyer look over the lease agreement is not always necessary, but it can be helpful in ensuring that everything is in order and there are no surprises down the road.
8. Sign the lease agreement and move in!:
Once all negotiations have been completed and everything has been confirmed in writing, it's time to sign on the dotted line and move in.