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Know What You Are Signing

Office lease documents can be intimidating. Accordingly, we have laid out some common lease terms and their meanings in layman's terms from several leases on which we have commented for clients. No warranty or representation is made as to the accuracy of the information. The purpose is merely to provide a general explanation of the major terms you will encounter in a New York office lease. Consult your legal professional for the meaning and applicability of these terms as needed.

In working with your attorney, discuss your business priorities and be realistic about your company's negotiating leverage. Your goal should be to achieve reasonable results without jeopardizing closing the transaction.

 

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