Contract Checklist

Commercial Lease Agreement Review Guide

Commercial leases are long-term liabilities. A 'standard' lease can bankrupt a business with hidden Common Area Maintenance (CAM) charges.

Critical Red Flags

Lock-in Period: You pay rent even if you leave early.

Variable CAM Charges: Maintenance fees that can double.

Relocation Clause: Landlord can move your shop.

Personal Guarantee: Founder is personally liable for rent.

Must-Have Clauses

Subletting Right: Ability to rent out extra space.

Signage Rights: Where you can put your logo.

Parking Allocation: Guaranteed spots for staff.

Force Majeure: Rent waiver during lockdowns.

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