Commercial Lease Review Checklist
Understand a business lease.
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[VERIFY] is an editorial flag, not a blank to fill. Wherever the prompt shows [VERIFY], check that item against a reliable source before you use it.
Help me understand a commercial lease. I am the tenant, and my business is [BUSINESS_TYPE]. Space and location: [SPACE_AND_LOCATION]. Lease text: [PASTE_LEASE]. This is a reading aid and not legal advice; I will have a lawyer review it. Return tables: 1. Key terms: Term | What the lease says (quote and clause number) | Plain meaning | Question to ask. Include rent, escalations, term length, renewal options, security deposit, rent-free period, permitted use, and hours. 2. Total cost: base rent, shared costs (common area maintenance, taxes, insurance), utilities, repairs, and other charges, with a first-year and five-year estimate using the numbers in the lease. Show the arithmetic and label estimates. 3. Rights and obligations: repairs and maintenance (who pays for what), alterations, assignment and subletting, signage, parking, and access. 4. Risk terms: personal guarantee, relocation rights, early termination, default and cure periods, landlord entry, restoration at the end. 5. Negotiation list: Clause | Why it matters | Suggested request | Priority. Add a list of due diligence questions about the building and neighborhood. Mark anything uncertain as [VERIFY]. Lease law is local: ask what to check for [JURISDICTION]. Treat all output as a draft for discussion, not legal advice. Have a qualified lawyer or privacy specialist who knows [JURISDICTION] verify it before you rely on it.
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