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Counter Offer Lease Review
Summary
Review the industrial lease counter offer carefully, focusing on rent increases, admin fees, and security deposits. Verify additional costs like realty taxes, CAM, and HVAC. Consider consulting a real estate attorney for detailed advice.Full Conversation
i have a legal question about a counter offer i received from a potential landlord
Sure! Could you please share some details about the counter offer you received and what specific concerns or questions you have about it?
i have it as a pdf
That sounds like something I might be able to help with! Could you summarize the main points or concerns you have about the counter offer? This will help me give you more specific information.
just want to make sure im not getting screwed
Case Rating: *
To help you better, could you share the main points or concerns you have about the counter offer? This will help me give you more specific legal information.
To help you better, could you share the main points or concerns you have about the counter offer? This will help me give you more specific legal information.
can i upload the counter offer?
Case Rating: *
Unfortunately, I cannot review documents directly. However, you can summarize the main points or concerns you have about the counter offer, and I can provide general legal information or guidance based on that. What specific parts of the counter offer are you concerned about?
Unfortunately, I cannot review documents directly. However, you can summarize the main points or concerns you have about the counter offer, and I can provide general legal information or guidance based on that. What specific parts of the counter offer are you concerned about?
New LEASE - Industrial
Lease #
SQUARE FOOTAGE OF UNIT
*,*
RENT/SQ.FT.
MONTHLY
ANNUAL
YEAR
*
*
*
*,*.*
*,*.*
*,*.*
*,*.*
*,*.*
*.*
*.*
*,*.*
*.*
*.*
*.*
*
*
*,*.* *,*.*
*,*.*
*,*.*
ADMIN FEE OF *% OF NET RENT
*.*
AVERAGE RENT TENANT:
*.*
*,*.*
* Ont & Euro Seal Windows
PROPERTY: * Administration Unit *
LEASE TERM:
INFLATION RATE: REALTY TAXES per S.F. CAM per S.F.
HVAC
5 years - May *, * to April *, * *.*
*.* *.* *.*
SECURITY
1ST MONTH
*,*.*
________x2 *,*.*
BASIC RENT ADMIN FEE
*,*.*
*,*.*
*.*
*.*
*.*
*.*
*.*
*.*
*.*
*.*
REALTY TAXES
CAM
HVAC
SUB TOTAL
HST
*,*.*
*.*
*,*.*
*.*
TOTAL
*,*.*
$*,*.*
DEPOSIT REQUIRED
(equal to 1st and last * as security)
Case Rating: *
It looks like you have received a detailed counter offer for an industrial lease. Here are some points to consider:
- Rent Increases: Ensure you are comfortable with the annual rent increases.
- Admin Fee: Verify the *% admin fee and its application.
- Security Deposit: Confirm the total security deposit required.
- Additional Costs: Check realty taxes, CAM, and HVAC costs.
Would you like more specific information on any of these areas?
It looks like you have received a detailed counter offer for an industrial lease. Here are some points to consider:
- Rent Increases: Ensure you are comfortable with the annual rent increases.
- Admin Fee: Verify the *% admin fee and its application.
- Security Deposit: Confirm the total security deposit required.
- Additional Costs: Check realty taxes, CAM, and HVAC costs.
Would you like more specific information on any of these areas?
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