Small Business Today Magazine MAR 2015 IMPACT STONE DESIGN | Page 30

EDITORIALFEATURE

Dealing with Landlords…The Good,

The Bad, & The Ugly - Part 4
By Jeffrey D. Jones, ASA, CBA, CBI

I

n Dealing with Landlords - Part 1, Part
2, and Part 3, I listed the major considerations that are often found in property
leases and some of the lease provisions
that can be negotiated such as the term of
the lease, rental rates, construction costs,
parking fees, and landlord liens.  This article
will address lease assignments, subleting,
and security deposits.

When negotiating a lease, typically, you
will be dealing with a leasing agent who
works for the landlord or a landlord’s
management company when negotiating a
new lease.  Sometimes these people have
the authority to make changes to their
standard lease and sometimes they will
need to get permission from the landlord
to make changes. 

Security Deposit  

Most leases will call for a lease deposit typically equal to H[[