Essay Questions For Tenants

A leasing agent acts on behalf of the interests of the landlord.

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If you do not respond to a landlord or listing agent in a timely manner, they may think you are not interested.

The best way to negotiate a deal is to have a clear understanding of what it is you are offering or willing to accept.

If a landlord or leasing agent simply tells you the terms, ask for something showing the terms in writing before you submit a counteroffer.

If they are reluctant to offer a letter, ask for an email or a copy of the listing for the space (which will contain at least the basic leasing information).

Keep in mind if your business outgrows the space, you do not want to be stuck with a long lease.

Or worse, if your business struggles and you need to downgrade to a smaller space, you may have a hard time breaking your lease.

Additionally, understanding your own personal liability for signing a lease is important and will vary depending upon your business structure.

How Long You Have Been in Business If your business is less than two years old, you may wish to also include a statement about your success, or future growth projections or a business plan. A landlord needs to know what you do in case there are any special considerations.

These forms may have a response section or an attachment to complete where you can counter offer.

Others may just offer a copy of the listing papers (an ad or flyer) with “asking terms.” In most cases, however, it is in your best interest to submit a letter or other written form of communication with a counter offer. Because in a letter you can include selling points as to why you would make an ideal tenant, tell the landlord about your business, and make the deal more personal.

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