If You Are New to the Leasing Game, Start With This Book
Published by Thriftbooks.com User , 15 years ago
Negotiate Your Commercial Lease by Dale R Willerton Are you a business person who will lease a space for your business? There are so many things to research and plan with a business and especially when starting or moving a business. So, a lease might not be something that we make a priority. But, signing a bad lease and not understanding the details of a lease can cause a business person long term problems. That is why this review focuses on a book about how to Negotiate Your Commercial Lease. Leases are something that many people think are simple. In some cases, they couldn't be more wrong. A lease can be a nightmare if you don't know or understand the details. Signing the wrong lease can also cause you all sorts of problems over the follow year or two or more. When people look at a property, they usually are shown the property by a realtor, the owner, or an agent. I've personally been burned by details that were told to me verbally, but that didn't make it to the final lease. Thankfully, my lease negotiations have gone well, but after reading this book, I'll never look at this part of business the same. The book is packed with great information. Here are some of the chapter titles - 1 - Commercial Lease Agreement. 2 - Selecting the Best Site for Your Business. 3 - Determining Square Footage. 4 - Selecting the Best Lease Term. 5 - Negotiating Strategies and Tactics. 6 - Negotiating Operating Costs. 7 - Negotiating the Rental Rate. 8 - Negotiating Free Rent. 9 - Negotiating the Tenant Allowance of Leasehold Improvements. 10 - Negotiating the Lease Deposit. 11 - Negotiating a Rent Reduction. 12 - Other Negotiating Points. 13 - Hiring Professionals. I have to tell you that I am a very good negotiator, so I've never considered hiring a professional to negotiate anything - mainly because I wouldn't trust them to negotiate with me, so why would I hire them. But after reading this book - if I was going to lease a place, I would take a look at the lease and if it was complicated, I would hire a professional to at least review it for me. One thing I really would've liked in the book is a glossary of lease and property terms. Otherwise, I was impressed by the depth and breadth of the information in this book. It Is a fairly quick read and the table of contents lists all subtopics, so you can zero in on specific information quickly. If you are going to lease a property for your business - you really need to read this book. I was amazed after 10-15 rental negotiations of my own, to find the number of topics in this book that didn't sound familiar to me. If a topic isn't familiar - the chance of getting a satisfactory resolution for yourself is almost impossible. The author has been a certified lease consultant for over 15 years and has extensive experience with lease negotiating and consulting. He gives weekly seminars throughout North America and he is a consultant for tenants. On the back cover- the blurb says to read the book once if you are re
Well worth reading
Published by Thriftbooks.com User , 17 years ago
Unlike another reviewer, who gave this book one star, I found Dale Willerton's book to be very helpful. As someone who knows nothing about leasing, the book revealed to me many of the issues I can expect to encounter, and helped me begin to understand some of the complex problems I will have to deal with. Yes, there may be other resources out there that are as good or better than Dale's book, but at least give it a read and form your own opinion.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.