WHAT IS IT IMPORTANT TO KNOW FOR THE OFFICE TENANT?
Both start-up entrepreneurs and representatives of organizations that have been operating on the market for a long time and open a new branch in a particular city or region face the need to rent commercial premises. In order to select the most suitable premises and rent an office without intermediaries on favorable terms, the tenant must take into account a number of important aspects.
The real needs of the company. The search for proposals on the commercial real estate market should be preceded by a study of the needs of the organization. It is necessary to calculate how much space is needed for an office, how much furniture and pieces of equipment are required. It is necessary to decide in advance what type of premises is preferable: open space (open space), separate offices or mixed options.
The current state of the market. Before renting an office in Moscow, you need to get a general idea of prices in the capital's real estate market, the presence or absence of offers in certain areas, the types of buildings in which office premises are rented. Based on the data obtained, it will be possible to determine the amount of investments required for renting premises.
Possible terms of the contract. The potential tenant needs to own some of the terms used by realtors. For example, you need to imagine what a temporary deposit is, which can be paid before concluding an agreement, in what currency the rental rate is set, why a security deposit is needed. In addition, it is necessary to familiarize yourself with the possible conditions for using the office (the need for repairs, payment of utility bills, etc.).
WHAT SHOULD BE REFLECTED IN THE OFFICE LEASE AGREEMENT
A well-drafted lease agreement is a guarantee of mutual responsibility between the subject leasing the office and the company that leases it. That is why, in order to avoid financial risks associated with the operation of rented premises, it is necessary to correctly draw up this document or carefully study the option offered by the landlord. The lease agreement for commercial space must contain the following information.
Information about the object of the transaction. The contract must indicate at what address the leased office is located, what is its area, what are the features of the layout. If furniture and office equipment are provided for rent, this must also be indicated in the contract. The listed data are entered in the "General Information" section, and the duration of the office lease in the business center is also indicated here.
Rights and obligations of the parties. The contract must indicate on what conditions it is proposed to rent an office. This section indicates the possibility / impossibility of subletting the premises, obligations regarding office renovation, utility bills and other operating costs.
The amount of the rent. The contract must contain information on the amount of rent (indicated in figures and words), the timing of its payment, as well as penalties for late payment. By agreement of the parties, this section may reflect the possibility of final settlement in a particular calendar period (for example, until the end of the year).
Details of the parties. The lease agreement must contain the names of the organizations concluding the transaction, their legal addresses and bank details. The document contains the personal data of the representatives of the companies who sign the contract.
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