Will Dixon, REALTOR® - THE OFFICE AROUND THE CORNER: A LEASING GUIDE

book. However, it can be one of the last things added to a lease, and since it can benefit both parties, the landlord shouldn’t mind at all. Adding it is a smart thing to do. You’ll have the option (or options) to expand into a new space within that same landlord’s properties. It will prevent you from being locked into your space in case of expansion. It just adds more flexibility and isn’t hard to add at the last minute. You can even add this clause to come up only during the time of release, and if there is no open space then it doesn’t matter. Right of first refusal is also something to think about adding here.

EARLY ACCESS AND H CESS AND HOLDOVER PERIOD

Make sure you get an early access period on your rent. You don’t want to pay full price for an office that isn’t set up yet. You can get a partial rate for this period or get it completely waived. You don’t want to be paying full price for an office that isn’t functional or is still being built. If you move in during the first month, you will clearly start paying then but it usually doesn’t work that smoothly. So make sure that the early access period is to your liking. Also, make sure there are a few extra days or a couple of extra weeks in case your buildout gets pushed back. The holdover period is the same for the end of the lease. This is to let you move out and not pay full price. This is usually for the last month or a shorter and longer term. You may not think much of it, since it is so far away but set yourself up for a move that won’t financially cripple the company, no matter how far away it may be.

THE BEST WAY TO GET FURNITURE T FURNITURE

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