Flow incentives: Homeowners who plan to sell their property regularly give generous incentives to attract tenants willing to pay high rents. The purchase price of the property is then calculated on the basis of the activated value of the artificially excessive rental plan. Since the value of free rent and other concessions are often not disclosed in Estoppel leases or certificates, it is a good place to ask each tenant what type of incentive each has been granted and whether they are considering renewing their leases. You can contact the local authorities to confirm if the owner is the owner of the area and is allowed to rent it. This is necessary because some properties are in the silos process. The property in the foreclosure process no longer belongs to the owner. In addition, you can check if the owner has a criminal record. These records may contain a history of fraud, breach of lease, fighting or criminal records. Even though most criminal courts offer all the support you need to check criminal records, it is advisable to start a basic search on the Internet. This will help you check the wrong landlords early in your rental process. When negotiating your offices, make sure your lease gives you some flexibility. A cancellation option that allows you to terminate the lease by paying a fee or including sublease and transfer fees can help ensure that you are not stuck on your site or with tons of unused office space. Also make sure you have the right to renew your space at the end of the rental period before it is offered to the public.
Flexibility In your lease, it allows you to manage your business without major obstacles. It is therefore important that you list the current and expected needs of your business before signing the lease. If you are unsure of short-term needs, you should consider a space that has enough square meters of office space usable by anyone for your immediate needs. This will help you avoid unnecessary expenses in unutilized space. You can negotiate with the owner to give you options to expand your office size. A tenant should take into account the condition of the building itself as part of its due diligence. A request may be made to the Local Public Works Office to determine if there are open authorizations for the completion of work on or in the building. If there are open permits, a tenant can ensure that the authorization does not apply to their premises, especially if the tenant makes improvements that may require their own authorization.