Real estate
5 min read
Five questions to ask before you sign a lease
Term, renewal, repairs, assignment and exit: the clauses that decide whether a lease works for you.
By
Mateo Alvarado
A lease is a long relationship written in a short document. The clauses that matter most are rarely on the first page.
Ask these first
How long is the term, and what are the renewal rights? Who pays for repairs and which ones? Can the lease be assigned or sublet? What happens if you need to leave early? How will rent change over time?
A review before signing is almost always cheaper than a dispute afterwards.
General information only, not legal advice. Reading this article does not create an attorney-client relationship.
