Udemy

Lease a Business Building: Negotiate the Best Deal

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  • 601 Students
  • Updated 9/2017
4.3
(17 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 30 Minute(s)
Language
English
Taught by
Regina P. Brown
Rating
4.3
(17 Ratings)
2 views

Course Overview

Lease a Business Building: Negotiate the Best Deal

How to Find & Lease a Commercial Building

As a small business owner, you need to lease a building. We will show you how to negotiate the best deal for any type of commercial building: office, retail, warehouse, manufacturing, professional, industrial, or restaurant. We’ll explain the contract, review a sample budget, and give you tips for negotiating that put you in the driver’s seat. In Step 1, I will show you how to plan your business property needs and wants. In Step 2, I show you how to locate, select, and evaluate a potential building to determine if it meets your needs. In Step 3, we review clauses that may be included in your lease, and discuss negotiation tactics. In Step 4, we discuss the importance of a budget in calculating your costs. We also include fabulous bonus materials that you can keep for future reference.

Course Content

  • 9 section(s)
  • 29 lecture(s)
  • Section 1 Introduction
  • Section 2 Step 1: Plan Your Needs
  • Section 3 Step 2: Locate, Select, and Evaluate Building
  • Section 4 Step 3: Contract & LOI
  • Section 5 Step 4: Budget & Costs
  • Section 6 Step 5: Moving In
  • Section 7 Step 6: Terminating Lease
  • Section 8 Conclusion
  • Section 9 Bonus Forms & Samples

What You’ll Learn

  • Discover the difference between residential and commercial leases., Hire a real estate tenant broker to represent you at no cost to you., Find a building and research it thoroughly., Learn the process of leasing a commercial building, including office, restaurant, warehouse, and retail shop., Calculate the total lease amount to ensure that you can afford it before signing the lease., Negotiate to get the lowest price, most free rent, and other terms that benefit your business., Locate the ideal team to help you build out your tenant improvements., Get legal help from your real estate attorney interpreting and refining the contract., Ensure you are adequately prepared and won’t default or get evicted., Terminate your lease and get a full refund of your security deposit upon vacating the premises., Use your commercial building as a place to grow and expand your business, and increase your profitability., Define industry abbreviations and terms such as “TI”, “NNN” and “Gross Lease”., Get 10 free bonus handouts, including budgets and worksheets., View 10 sample real-life documents.


Reviews

  • S
    Syed S. Ali
    5.0

    Great job. Thank you

  • D
    D. J.
    2.0

    Good overview without actually getting into good teaching detail. Nothing about negotiating an actual deal either.

  • C
    Chris Wade
    5.0

    Good so far thank you

  • R
    Rudolph Corrales, Jr
    5.0

    I'm in the process of operating a laundromat and I need to learn about leasing.

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