Tuesday, June 12, 2012

Get Best Negotiating Lease With Tenants


The amount of lease deposit which is generally an amount equivalent to the lease of the first month is another matter for negotiation with the tenant.Generally the tenant has to provide a lease guarantee that guarantees the term of occupancy. This guarantee can either be in the form of cash or a bank/director’s guarantee.

 In most of the cases the guarantee amount is up to 3 months rental and this has to be negotiated with the tenant.All the incentives associated with the property have to be discussed with the tenant so as to attract him towards the property.Parking is a very important matter of discussion and its costs is an important issue of deliberations. Other costs such as lift charges, electricity, water supply, etc. also have to be negotiated.The initial term of occupation and the escalations of the lease are also important facts that are to be cleverly Lease Restructuring .