|
When should I start?
One of the biggest mistakes tenants make at the end of their lease term is wait too long before starting the search for new space, or of negotiation of a lease renewal. A tenant that waits until 90 days prior to lease expiration to ask their landlord for a lease renewal is basically telling the landlord that they are not considering any other options. The landlord knows that competing buildings will most likely have to create a space plan, get construction pricing, agree on a rental rate, prepare and execute a lease document, apply for construction permits and prepare the space for occupancy. This typically is a 4 to 6 month process.
I'm Licensed in State of Arizona at
the Arizona Department of Real Estate |
|