sinistersyxxvi asked:
I would like to know if it is legal, or typical, to renovate commercial property that you rent, not own.
I would like to know if it is legal, or typical, to renovate commercial property that you rent, not own.
August 15th, 2009 at 10:19 pm
ask the owner of property.
August 18th, 2009 at 3:10 pm
Check the provisions of your lease agreement. usually there is a clause pertaining to alteration and renovation. In some instances, if the landlord is amenable, he may make an adjustment in the rent for certain improvements(in your favor).
August 21st, 2009 at 10:45 am
you would have to ask your landlord. It’s typical if you have a long term lease. If not it could be risky. Your landlord can evict you after your lease expires and rent the renovated place to someone else for a higher rent.
August 24th, 2009 at 2:44 am
Generally there is no problem. Most commercial leases authorize the tenant to make some limited renovations suitable for their business. However, if there is any question, merely ask the owner for permission. Unless the renovations are really strange, most owners will say no problem.