Hattiesburg Commercial Lease Attorney
Our team of experienced Commercial Lease lawyers is here to guide you through the complexities of commercial leasing throughout Mississippi. With a deep understanding of commercial real estate law and years of successful negotiations, we're committed to protecting your interests.
Whether you're a landlord seeking to draft a favorable lease agreement or a tenant looking to understand your rights and obligations, we're here to help. We offer free consultations to discuss your specific needs and provide you with the insights and strategies necessary to navigate the world of commercial leasing. Don't leave your leasing matters to chance; partner with us for sound legal counsel and ensure your lease agreement aligns with your objectives.
Contact us or call (601) 258-8095 to schedule your free consultation and take the first step toward a secure and favorable leasing arrangement. Spanish services are available upon request.
What Are The Different Types of Commercial Leases?
Commercial leases come in several forms, each with unique terms and implications. The main types include:
- Gross Lease: In this type, the tenant pays a fixed rent, and the landlord covers all operating expenses, including taxes, insurance, and maintenance.
- Net Lease: Here, the tenant pays not only rent but also a portion of operating costs like property taxes, insurance, or maintenance. Variations include:
- Single Net Lease: Tenant pays property taxes.
- Double Net Lease: Tenant pays taxes and insurance.
- Triple Net Lease (NNN): Tenant pays taxes, insurance, and maintenance.
- Percentage Lease: Common in retail, tenants pay a base rent plus a percentage of their monthly sales.
- Modified Gross Lease: A blend of gross and net leases, where the costs are shared between the landlord and tenant according to negotiation.
- Ground Lease: Typically for land-only, the tenant leases the land and constructs their building. Ownership reverts to the landlord at the end of the lease.
- Short-Term Lease: Usually for less than a year, these provide flexibility for tenants and landlords.
- Full-Service Lease: The landlord covers all operating expenses, and the tenant pays a rent that includes all these costs.
- Absolute Lease: Typically used for single-tenant properties, the tenant has sole responsibility for all property-related expenses.
The choice of lease type depends on factors like property type, tenant's business, and negotiation terms.
Secure Your Commercial Lease with Our Hattiesburg Attorneys
If you need expert guidance on commercial leasing law matters in Hattiesburg MS or surrounding areas don't hesitate!
The Moreno Law Group, is committed to providing efficient legal solutions that meet the ever-changing needs of our clients. With years of experience under our belt along with a deep understanding of Mississippi’s commercial real estate laws - we are well-equipped to handle any challenge thrown at us. We look forward to serving you!
What Our Clients Are Saying
Read experiences shared by those we have helped.
“would like to extend my sincere gratitude to The Moreno Law Group, PLLC, for their professionalism and diligence in facilitating a seamless closing on our real estate transaction.”I particularly appreciate the efforts of Connor Dunne, whose expertise and professionalism were evident throughout the process. While I acknowledge that each case is unique and outcomes may vary, I can confidently say that The Moreno Law Group, PLLC, provided exceptional service in our matter. Thank you for your outstanding work.- Dameine W.
