Things To Consider Before You Enter An Office Space Rental Agreement
There are many terms in which tenants of office space think of during the negotiation of office space rental. There is certainly many terms that have to be put into consideration from rental price to parking inclusions and even to who are paying for the maintenance of common area. One aspect in which the tenants always forget throughout the negotiation is the relationship of parties in case there is a natural disaster such as tornado or hurricane which can cause damage to the property. You need to be sure that you and the tenants are protected adequately in case it occurs despite the fact that these instances do not arise all too often. Find office space for lease overland park today.
As a general rule, tenants in commercial office space rental agreements would be in charge for paying rents in case that the premises become unusable in part or in whole as result of natural disaster. Most of the time, the general terms are included in the commercial lease agreement thus, it is vital to protect yourself in these kinds of occurrences. Through this, you do not need to pay rent or perhaps, just pay a particular amount of rent in case that this kind of disaster takes place. Look for office space for lease overland park here.
These can and will happen although natural disaster scenarios are not common, which makes it a necessity to protect your best interests. After all, you probably don't want to see yourself in a position where office space can't be occupied by you and your employees for extended or any period of time. And if there's a lack of occupancy, then it can result to lost of income and may in turn damage your business profits.
The best possible way to protect your tenancy interests in the event that a serious storm has cause damage or produce restricted operations of office space is including terms within the rental agreement stating that the tenants will be free from paying the rent or only need to pay a particular amount throughout the time to which the office space can't be used. As a matter of fact, this is an issue in the negotiation phase which should be put in lease to be able to make it effective. Most of the time, landlords believe that this term is just reasonable however, they will only consider applying it only if it's included in the lease the time to which it's signed.
Well, this may not be an issue that is often running on tenant's mind at the moment they are signing the lease but this should be something to which the tenants ought to consider in advance in order to protect themselves in case of natural disaster. More tips here: http://www.ehow.com/how_5990372_set-floor-plans-office-space.html.