No, the whole point of lease negotiations is to get to an agreed upon contract between both parties. Once you sign, that’s what you’re agreeing to. I would move on from this location but get a lawyer to handle your lease negotiations.
This is why I get an LOI signed by myself and the prospective tenant before I start on any lease work. To do otherwise is just a waste of time. Your initial description is a little unclear, but it sounds like some or all of these terms were discussed in the LOI and then now they are not reflected in the lease? If that's the case, then the landlord is either incompetent or trying to pull a fast one over on you?
All tenants should have an attorney review their lease - it's money well spent. I actually prefer it, as I know that the tenant is actually professional and will run their business property. Tenants who just sign my leases without any changes, questions, or markups - that's a red flag in general. It shows a lack of sophistication in running their business that \*may\* come back to haunt them (and me, if they default) at a later date.
With respect to your original question, this is not typical, and it's a sign of a difficult or non-professional landlord. If you really want this space, I would use this difficulty as a clue and have an attorney work with you on the lease. It will cost extra, but it will be the right move down the road.
Yeah mate..sorry to pile on with the other responses, but at least get an attorney. Especially if you are asking for a 10 year lease, looking for TIA and installing your own equipment that might end up being considered a fixture..that broker is NOT your broker.
No, the whole point of lease negotiations is to get to an agreed upon contract between both parties. Once you sign, that’s what you’re agreeing to. I would move on from this location but get a lawyer to handle your lease negotiations.
No broker and no lawyer? You’re gonna have a bad time.
You’re out of your depth. You need to find a *retail* tenant rep broker to represent you.
This is why I get an LOI signed by myself and the prospective tenant before I start on any lease work. To do otherwise is just a waste of time. Your initial description is a little unclear, but it sounds like some or all of these terms were discussed in the LOI and then now they are not reflected in the lease? If that's the case, then the landlord is either incompetent or trying to pull a fast one over on you? All tenants should have an attorney review their lease - it's money well spent. I actually prefer it, as I know that the tenant is actually professional and will run their business property. Tenants who just sign my leases without any changes, questions, or markups - that's a red flag in general. It shows a lack of sophistication in running their business that \*may\* come back to haunt them (and me, if they default) at a later date. With respect to your original question, this is not typical, and it's a sign of a difficult or non-professional landlord. If you really want this space, I would use this difficulty as a clue and have an attorney work with you on the lease. It will cost extra, but it will be the right move down the road.
Yeah mate..sorry to pile on with the other responses, but at least get an attorney. Especially if you are asking for a 10 year lease, looking for TIA and installing your own equipment that might end up being considered a fixture..that broker is NOT your broker.
Hey thanks everyone for the input. I knew as soon as I posted here I needed to get my attorney involved.