Business Lease Checklist
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Is there sufficient electrical power?
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Are there enough electrical outlets?
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Are there enough parking spaces for customers and employees?
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Is there sufficient lighting? Heating? Air conditioning?
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Do you know how large a sign and what type you can erect?
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Will your city"s building and zoning departments allow your business to operate in the facility?
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Will the landlord allow the alterations that you deem necessary?
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Must you pay for returning the building to its original condition when you move?
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Is there any indication of roof leaks? (A heavy rain could damage goods.)
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Is the cost of burglary insurance high in the area? (This varies tremedously.)
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Can you secure the building at a low cost against the threat of burglary?
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Will the health department approve your business at this location?
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Will the fire department approve your business at this location?
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Is your shipping area easily accessible to large trucks?
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Have you included a written description of the property?
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Have you attached drawings of the property to the lease document?
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Do you have written guidelines for renewal terms?
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Do you know when your lease payment begins?
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Is your shipping area easily accessible to large trucks?
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Have you bargained for one to three months free rent?
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Do you know your date of possession?
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Have you listed the owner"s responsibility for improvements?
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Do you pay the taxes?
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Do you pay the insurance?
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Do you pay the maintenance fees?
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Do you pay the utilities?
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Do you pay the sewerage fees?
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Have you asked your landlord for a cap of 5 percent on your rent increases?
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Have you included penalty clauses in case the project is late and you are denied occupancy?
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Have you retained the right to obtain your own bids for signage?
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Can you leave if the center is never more than 70 percent leased?
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Has a real estate attorney reviewed your contract?