Introduction Real estate transactions, particularly commercial leases, are often complex and fraught with potential issues. Whether you’re a landlord or a tenant, understanding how to navigate disputes is critical to protecting your investment. At Baker, Burton & Lundy, our real estate attorneys can help you resolve disputes and avoid common lease pitfalls.
Common Causes of Lease Disputes
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Unclear Lease Terms A poorly drafted lease can lead to disagreements over maintenance responsibilities, rent adjustments, or permitted use of the space.
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Breach of Lease Whether it's late rent payments or a tenant's failure to uphold their obligations, breaches can result in lengthy disputes.
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Tenant Improvements Who pays for improvements and how they're executed often becomes a point of contention between landlords and tenants.
How to Resolve Commercial Lease Disputes
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Negotiate Before Litigating Attempting to negotiate a settlement before heading to court can save both time and money.
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Mediation and Arbitration Many leases include clauses for dispute resolution through arbitration or mediation, which is less expensive than litigation.
Conclusion Real estate disputes can be costly if not managed effectively. Avoid expensive litigation by working with a knowledgeable attorney at Baker, Burton & Lundy to ensure your real estate transactions are airtight.
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