Renewal of a commercial lease
Renewing a commercial lease
Seeing to the continuity of the commercial location
A rental agreement is almost a property title for commercial and artisan undertakings.
Indeed, when it is subject to the status of commercial leases, a lease carries a right to renewal in favor of the commercial tenant, as long as this tenant respects the conditions thereof and on pain for the owner who wishes to recover its premises, of paying compensation to the commercial tenant.
This rental instrument therefore constitutes an essential element in the company’s assets, which can be evaluated separately at the time of the conveyance of the company
Thémis identifies the specific characteristics of the commercial location, calling upon experts if necessary to determine the accurate rental value of the location. This then permits it to defend the commercial tenant’s financial and strategic interests and to negotiate the renewed lease, and its calendar, in the best of its interests.
This rental instrument therefore constitutes an essential element in the company’s assets, which can be evaluated separately at the time of the conveyance of the company.
For these reasons, this contract must be perfectly controlled by the company, along with its renewal.
And yet, the complex nature of the rules of law which apply make this control difficult and require the intervention of a member of the law profession.
Thémis can also be called upon to defend the interests of the commercial tenant in court if negotiation is impossible or unsuccessful.
Lastly, the firm drafts the instruments negotiated (initial lease agreement or renewal instrument).
When a mission for the negotiation in particular of the financial clauses of the renewed lease is entrusted to the firm, the firm’s remuneration is determined on the basis of a fixed fee, in most cases based on time spent, supplemented by an achievement fee which depends on the savings made by the commercial tenant in relation to the owner’s initial requests.
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