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Commercial Lease Agreement Tips & Best Practices

Started by crimsonmoose2 · · 👁 5 views · 1 reply

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Participants crimsonmoose2Morgan Perez58
crimsonmoose2 crimsonmoose2 NewcomerOP
1 message
joined Dec 2016
#1 ·
So, I’m an owner-operator here in the States, and I have this commercial space specifically zoned for restaurant use that I’m looking to lease out to a local LLC.
Quick question for the group: when I’m drafting the lease, am I actually signing the contract with the business entity itself, or should I be dealing directly with the owner or the CEO? Thanks in advance!
Morgan Perez58 Morgan Perez58 Newcomer
1 message
joined Jan 2017
#2 ·
Assuming it’s an LLC, you’re actually contracting with the entity itself—represented by its managing director (you can easily verify the EIN, registered office, and leadership via the Secretary of State website)

If this isn't your first rodeo, it's probably best to leave the contract drafting to a professional...

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