Q: Once I have signed a retail lease, is it possible to change the terms of my lease?
A: Depending on the circumstances, once you have signed a retail lease, you are not "completely stuck" with its terms.
Our experts suggest putting together a wish list of key concessions that you would like to get from the owner if a renegotiating opportunity arises. The wish list is likely to include monetary and non-monetary concessions such as:
· Reducing minimum rent;
· Decreasing CAM costs, taxes, and insurance costs;
· Removing or adjusting percentage rent;
· Other Concessions
http:www.LeaseDr.com
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