Commercial Lease Personal Guarantees: Questions to Ask Before Signing
A personal guarantee can put an owner’s assets behind a company’s lease. Ask who signs, what is covered, when liability ends and what happens after assignment.
A personal guarantee can put an owner’s assets behind a company’s lease. Ask who signs, what is covered, when liability ends and what happens after assignment.
Base rent is only one part of a commercial lease. Use this practical framework to negotiate operating costs, build-out, repairs, flexibility, renewal rights, and downside protection.