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What This Playbook Checks
Review this commercial lease focusing on total occupancy cost (rent + CAM + expenses), flexibility (termination, sublease), and tenant protections. Pay special attention to hidden costs and personal guarantee requirements.
Base Rent & Escalations — Review rent amount and annual increase provisions
Lease Term & Renewal — Check lease duration and renewal options
CAM & Operating Expenses — Review common area maintenance and pass-through charges
Tenant Improvements (TI) — Check build-out allowance and requirements
Early Termination Rights — Review options to exit the lease early
Sublease & Assignment — Check rights to sublease or assign the lease
Maintenance & Repairs — Review responsibility for repairs and maintenance
Use Restrictions — Check permitted uses and exclusivity
Personal Guarantee — Check if personal guarantee is required
Insurance Requirements — Review required insurance coverage