10+ Business Lease Proposal Samples
A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor, the property owner or landlord, regular payments for a specified period in exchange. Both the lessee and the lessor face consequences if they fail to uphold the terms of the contract. A lease is a form of incorporeal right. In realizing and expanding your business, you need to at least have and secure a space for your shop or office. You can have this bought or rented. When you decide to have your space rented, you need to have a Business Lease to formalize this. In making this proposal, our site offers you free and customizable templates that could help you decide what to include as you make your proposal.
For other proposal template needs, our site it also offering you templates for Coaching Proposal, Music Business Proposal, Security Bid Proposal, Security Assessment Proposal, Office Cleaning Proposal, Internet Proposal, Food Security Proposal, Transport Service Proposal, Security Guard Proposal etc.
This article will not only provide you with templates that are useful for you but also give you information or details that you might want to consider in making your project. So come, explore the rest of the articles with me!
1. Business Lease Proposal Template
2. Restaurant Business Lease Proposal
3. Business Services Lease Request for Proposal
4. Business Lease Request for Proposal
5. Business Lease Space Request for Proposal
6. Retail Business Lease Proposal
7. Hotel Business Lease Proposal
8. Restaurant Business Lease Request for Proposal
9. Retail Business Lease Request for Proposal
10. Real Estate Business Lease Proposal
11. Agricultural Lease Business Request for Proposal
Deciding For Your Business Lease
When you sign a lease, remember that you are entering into a legal contract. You might want to consider obtaining legal advice before signing. The following information provides a good starting point for those unfamiliar with commercial leases.
Duration of Your Lease
Typically, a commercial lease will last anywhere from three to ten years. It is important to determine when the lease begins because it also determines when the agreement will end. Your lease should clearly outline what will happen if the space is not ready by the move-in date and what adjustments in rent will be made by the landlord. Unless the space you agree to occupy is already vacant and re-modelled to fit your needs, unexpected problems could occur. Make sure you are aware of any clauses that allow the landlord to provide an alternative space if the new premises are not ready on time. This type of arrangement can mean that you might have to move your business more than once, which can increase moving costs. If you are moving from an old location into new premises, give yourself extra time before leaving to cover any delays that could happen with the new location (construction, previous tenants, property damage, etc.)
In the past, the increasing cost of operating a building was covered by an increase in rent when the lease was renewed or when a new lease was created for a new tenant. Most landlords protect themselves from unpredictable changes in real estate by including an escalation clause in a lease agreement. The clause allows a landlord to raise rent if the cost of maintaining or operating the property increases. Most landlords will negotiate the escalation clause with you.
Sub-leasing Your Location
If you decide to expand your business or move locations before your lease ends, you can discuss sub-leasing with your landlord. Make sure that the tenant who is interested in sub-leasing meets your landlord’s standards for the property. Keep in mind that you will be responsible for paying the rent if your subtenant decides to leave before the lease ends.
What happens if your landlord goes bankrupt?
You can protect yourself and your business by making sure that your lease contains a non-disturbance clause, which is an agreement that provides for the continuation of a lease in the event of loan foreclosure.
How can I renew my lease?
Once your lease expires, a landlord does not have a legal obligation to offer the same space to you, unless you have agreed on a renewal formula and have a clause that guarantees the space when your lease expires. You will usually have to provide written notice exercising your option to renew the lease, or it lapses automatically (a one year notice for long-term leases is common, but three or four months can be the standard for short-term leases). Some leases are renewed automatically until you cancel them. This can be a good arrangement for your company if you have several locations and do not want to risk having your lease expire.
What is calculating square footage?
Calculating square footage is a way to compare rents, but not all landlords measure square footage in the same way. Warehouse or factory space might rent for only a few dollars per square foot but a first-class office space or a desirable storefront usually has a much higher price.
Making this proposal and planning everything from the activities, to achieving the objective and the budget allocation might be a hard job to do. To make it a little more at ease, it is highly encouraged to avail all the resources you can see online including the ones in our site. What are you waiting for? Avail our templates now!
FREE 15+ Sample Property Management Proposal
FREE 13+ Sample Lease Contracts
FREE 13+ Real Estate Investment Proposal Samples
FREE 12+ Lease Renewal Letter Templates
FREE 12+ Sample Commercial Lease Agreement
FREE 10+ Hotel Investment Proposal Samples
FREE 10+ Service Business Proposal Templates
FREE 9+ Business Loan Proposal Samples
FREE 8+ Sample Commercial Lease Termination Agreement
FREE 4+ Commercial Business Forms
FREE 14+ Sample Insurance Proposal
FREE 14+ Real Estate Quotation
FREE 10+ Rental Property Business Plan
FREE 9+ Personal Car Rental Agreement Samples
FREE 9+ Insurance Proposal Samples