Real estate attorneys are capable of so much more than facilitating transactions between buyers and sellers. In fact, hiring an attorney to assist with your property sale or rental should be the start of a strong business relationship. For example, if you turn to Alan A. Panek Law Office, in Wisconsin Rapids, Wisconsin, he will review all residential and commercial leases before you sign to ensure you’re protected in the event of a dispute.

3 Reasons to Hire a Lawyer to Review all Residential & Commercial Leases

1. To Protect Your Financial Interests

Leases are written by the landlord—or the landlord’s attorney—which means by default, every provision conclusively favors the landlord. If you are about to sign a residential and commercial lease to get your home or business off the ground, a lawyer will ensure you understand the terms thoroughly and ultimately prevent the landlord from taking advantage of you.

2. To Ensure Accuracy

Leases are complicated, and even the most well-meaning landlord can make a mistake. Your lawyer will ensure the terms of the lease are those you agreed upon: that the space listed is the one you intend to rent, that the monthly payment is the agreed upon amount, and that the provisions for raising the rent in the future are fair and reasonable.

3. To Confirm the Landlord Will Not Rent to Your Competition

If you are about to sign a commercial lease, it is essential your landlord doesn’t rent any other spaces in the same complex to your competition. Your lawyer will ensure there is a provision in your lease prohibiting this from happening as well as a plan of remuneration should this become a reality.

If you are considering renting a home or commercial space, turn to Alan A. Panek Law Office in Wisconsin Rapids, Wisconsin, for help reviewing all your residential and commercial leases. To learn more about his range of practice areas, including estate planning and elder law, visit his website, and call (715) 421-4900 to schedule a consultation with a seasoned real estate attorney today.