There are many types of commercial leases out there, and negotiating one can be a hassle if you don't know what you're doing. Our Downers Grove commercial real estate attorneys can help you navigate this seemingly difficult process. In the following article, we further elaborate on the types of commercial leases, tips for negotiating your commercial real estate contract, and common mistakes made when negotiating a business lease.

‍Read the full article by our Downers Grove commercial real estate lawyers to learn what you should look for in your commercial lease. 

Issues can arise during the process of buying, selling, financing, or developing commercial property. Our Downers Grove commercial attorneys are here to make the process less intimidating and help you navigate it effectively.

Commercial real estate purchases also have many more laws and regulations than buying a home, all of which must be followed in order for the transaction to be valid.

Your attorney will review all the pertinent information and documents and consult with you regarding financing, construction, zoning and environment laws, title insurance, taxes, and any other questions or issues associated with land use and development.

Read the full article by our Downers Grove commercial real estate contract attorneys regarding the risks of not using an attorney when buying or selling commercial real estate. 

In this article, our Downers Grove commercial real estate attorneys discuss the charges that commercial tenants may be required to pay in addition to base rent. These may include a share of taxes, utilities and common maintenance charges.

The additional rent will change from year to year. If you believe your landlord is overcharging you, the best solution is to audit the landlord's expenses and verify that the common maintenance charges are being charged at market value, as opposed to an inflated price because of either a sweetheart deal or landlord embezzlement.

For this reason, it is in your best interest for your lease to include a clause that gives you the right to audit the landlords’ records. If your lease does not include this clause, then the landlord is not required to provide records.​

Read the full article by our Downers Grove commercial real estate contract attorneys regarding common area maintenance audits.