In this conversation, Justin and Chris discuss lease reviews and common issues that arise during the process. They highlight the importance of understanding tenant obligations, hold-over clauses, and the responsibility for maintenance and repairs. They also discuss the significance of aligning the lease with the tenant's intended use of the space and negotiating clauses related to relocation and environmental concerns. The conversation concludes with a mention of the benefits of training with an expert in lease contracts and a recommendation for a lease negotiation manual.

 

Key Takeaways

• Understanding tenant obligations is crucial when reviewing a lease.
• Aligning the lease with the tenant's intended use of the space is important.
• Negotiating clauses related to relocation and environmental concerns can protect the tenant's interests.
• Training with an expert in lease contracts can provide valuable insights.
• Using a lease negotiation manual can be a helpful reference guide.

 

Episode Resources

Connect with Chris Vassilian

• https://www.linkedin.com/in/chris-vassilian/
• [email protected]

Connect with Justin Smith

• https://smithcre.com/
• https://www.lee-associates.com/
• [email protected]
• https://www.linkedin.com/in/justinbsmith