Securing a particular commercial lease can greatly impact the finances and fortunes of an established or still fledging business or commercial venture. While leases typically involve large sums of money, the nature of a commercial lease means that the stakes are raised significantly in comparison to a residential lease. Aside from commercial leases typically commanding greater sums, the use of the premises or property may have far-reaching financial effects on the business ranging from impacts of projected revenues to the costs incurred during the search for a suitable site or location for your business. Furthermore, because property is exclusive in its use, there is often a clear winner when disputes over a lease or use of commercial property arises.
Attorney William S. Heyman is an experienced commercial litigator who has handled numerous commercial lease disputes in Maryland and beyond for landlords and tenants. Mr. Heyman has more than 20 years of experience resolving business lease issues and can put his experience to work for your company or corporation. Mr. Heyman formed the Heyman Law Office to provide client-focused legal services. Mr. Heyman and his team of lawyers work to resolve disputes and when required, will litigate in a strategic and aggressive manner. To schedule a confidential consultation with Mr. Heyman at his Baltimore law office call 410-762-0140 or contact Mr. Heyman online.
What Are Potential Commercial Lease Issues That can Arise Prior to and After a Commercial Lease Agreement?
Many commercial leases are drafted, signed, and adhered to without incident or complaint by either the landlord or the commercial tenant. However, in other relationships, problems can arise during the negotiation period or during the course of the lease. Common disputes that can arise relating to a commercial lease include:
- Commercial landlord-tenant disputes – While most commercial landlords and property management companies strive to maintain certain levels of professionalism, disputes over the use of the property or personal disagreements can create disputes. Handling disputes of this type often involves defusing issues while strategically negotiating to ensure that core concerns are not compromised.
- Failure to turn over the lease – In some cases, a property manager may decide that he, she, or the company would derive a greater benefit or less inconvenience from renting to a different tenant. In other cases, the previous commercial tenant may refuse to vacate. In either case, your company suffers damages and may even benefit from injunctive relief.
- Failure to make disclosures regarding the premises – The landlord is in the best position to discover and correct defects in the property that could affect or otherwise make the location unsuitable for your intended use. If the landlord made warranties and representations regarding the property that were false, the tenant will likely have a cause of action and leverage against the landlord in any negotiations.
- Summary Ejectment – It is critical that a landlord’s attorneys knows the rules of the game when attempting to eject a tenant for defaulting under a lease. Aggressive litigation is required to aid landlords in quickly recovering their property so that it may be re-leased. On the other hand, tenants facing ejectment and potentially catastrophic business interruption require highly-competent legal strategy and execution.
The above areas are only some of the more common issues landlords and tenants face during the course of a commercial lease. There are also an array of other foreseeable and unforeseeable issues that can arise due to tenant or landlord conduct.
Mr. Heyman recognizes and understands not only the costs of potential litigation but also the disruptive impact it can have on your company’s operations. Therefore, he typically strives to negotiate and resolve the problem amicably through cost- and time-saving dispute resolution techniques when it appears these processes have a reasonable likelihood of success. However, Mr. Heyman will not compromise on your core goals and interests and is ready to zealously pursue your company’s interests and legal rights through litigation if a negotiated solution is not possible.
Rely on the Guidance of a Baltimore Commercial Real Estate Lawyer
Attorney William S. Heyman is dedicated to seeking effective solutions to commercial real estate disputes for corporations and businesses. To schedule a confidential, no-obligation initial consultation call the Heyman Law Office at 410-762-0140 today.