Although there are generally some similarities between residential and commercial leases, the latter legal document is, for many reasons, invariably far more detailed and complex.
And much of the distinction centrally lies in the immediate dichotomy that might reasonably be phrased as "boilerplate versus customization."
Consider this. When a potential apartment resident and premises landlord/owner sit down to discuss a lease and its particulars, there often isn't all that much to talk about. There is sometimes a bit of wiggle room that can be negotiated (e.g., a rent adjustment, a variation in a standard lease term, some parlaying over who will pay for the utilities and so forth), but hours are not generally spent on the matter.
Conversely, the negotiation and execution of a commercial lease can easily unfold over a period of days or even months.
And the reason for that, which we underscore on our website at the long-tenured business law firm of Frese, Whitehead & Anderson, P.A., in Melbourne, is eminently clear, to wit: "[E]very commercial venture is different, and a one-size-fits-all approach to leasing simply doesn't work."
Frese, Hansen attorneys know that well, given the firm's central presence in the commercial real estate realm in Brevard County and across the east Florida coast and surrounding areas of Central Florida for decades.
We routinely help diverse clients with all relevant matters relating to commercial lease negotiation, drafting and execution, and we provide follow-up advocacy when lease-related questions or disputes occur.
We invite readers' examination of our next blog post, which will hone in a bit on commercial lease specifics and the broad-based work we do for clients focused upon lease-related matters and considerations.